Technical analysis by tradewidmufeeth about Symbol XRP on 12/6/2023
https://sahmeto.com/message/3311882

tradewidmufeeth
Rank: 4939
XRP Consolidating For a Potential Move
Neutral
Price at Publish Time:
$0.63062

XRP has been consolidating for a while and gets ready for a good move, Any Move with a close outside the consolidation range with a relatively significant volume is something to look out for. SMA 25/150 also signifies a bullish sentiment in the near term. Long and Short positions would be a good idea on retesting the consolidation area. The Settlement, Market Fundamentals, and Overall Crypto Market Mood should also be considered before any action. Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
Source Message: TradingView