XRP / TetherUS
Panjang

XRP shows bullish this week, against the rest of the market

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Since earlier of 2019, XRP usually goes against BTC, this time may not be an exception. BTC, ETH, and XRP are the top 3 highest market cap. coins, while both BTC and ETH show bearish in mid-term, XRP shows an opposite trend.

On the H4 chart, there is a falling wedge pattern that appears clearly, indicates that XRP will pump. Besides, XRP did break out the MA50 resistance with a good volume candle, strengthen the previous prediction.

There may have a small dump of XRPUSDT due to a falling wedge retest scheme, that will be a good time to buy some XRP. On the overall, I feel bullish on XRP this week.

Penafian

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