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DariusFxTrading
11. Jan. 2021 08:04

XRPUSD (Ripple) long - M Formation Long

XRP / U.S. dollarBitstamp

Beschreibung

On the weekly timeframe XRP has a M Formation. So the price could go up higher. We already have enough Retracement to the upside, but the market has started a very nice impulsive followed by a correction on the daily timeframe. We could expect a deeper move to the upside on the weekly timeframe.

Long Term of course much more moves to the upside.

What do you think?
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