XRP - Flag Reversal?
Hi Everyone, been a while since I posted on here!
We see a potential flag forming on XRP. This could indicate a reversal is near, as the flag formed after bottoming out at 0.55c.
For now, I expect us to continue trading in this range/channel. The lower highs indicate that we are building up buying volume under the sell-wall/resistance zone at 0.86c.
Phoenix Ascending is looking bullish from a 1W timeframe.
Best Regards!
We see a potential flag forming on XRP. This could indicate a reversal is near, as the flag formed after bottoming out at 0.55c.
For now, I expect us to continue trading in this range/channel. The lower highs indicate that we are building up buying volume under the sell-wall/resistance zone at 0.86c.
Phoenix Ascending is looking bullish from a 1W timeframe.
Best Regards!
Penafian
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