XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.

XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now.

There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below.


Always trade with confidence, never trade with fear, and always use a stop!

評論:

Mild bullish divergence on the hourly chart.