Crypt0wl

Bull Flag Forming on XRP 1hr chart?

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BINANCE:XRPUSDT   XRP / TetherUS
Channel formed with decreasing volume after a high volume bullish impulse. Suggests a bull flag and is confluent with increasing buy pressure from the airdrop hype. Longing at support drawn or at the bottom taps of the channel to reap the potential rewards from a strong rally towards Saturday doesn't seem like a bad idea. Invalidation at clear breakdown of the channel and of support.

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