XRP/USDT 4H: Suspicious of the REVERSE CUP pattern
XRP broke its uptrend line in the weekly time frame and stopped at the extremely important level of $0.30
Pay attention to the image below
Further, although the down trend line has been broken, the level of the resistance range of $0.5-0.6 has prevented stable price growth
According to these contents and the daily and 4H charts, We expect it to retest its support level
In the 4H chart, there is also the possibility of forming a Reverse Cup pattern
Pay attention to the image below
Further, although the down trend line has been broken, the level of the resistance range of $0.5-0.6 has prevented stable price growth
In the 4H chart, there is also the possibility of forming a Reverse Cup pattern