XRP has formed a beautiful wedge on the 1H chart. Since the wedge was formed after a strong bullish move, I'm expecting the wedge to break out on the top side and start a new move up.
On the chart I've marked two areas of resistance where I expect a lot of selling pressure: R1 and R2, with R1 being the most conservative.
The break out can happen any moment now, keep a close eye on this one. Happy trading.
On the chart I've marked two areas of resistance where I expect a lot of selling pressure: R1 and R2, with R1 being the most conservative.
The break out can happen any moment now, keep a close eye on this one. Happy trading.
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