#XRP/USDT ANALYSIS

in btc •  last year 

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#XRP/USDT ANALYSIS

XRP is currently exhibiting a symmetrical triangle pattern. Presently, it maintains a position above the Ichimoku cloud and is trading below the trendline of the triangle. The MACD crossover signals a bullish momentum.

A decisive breakout from the triangle would serve as confirmation of the bullish trend. However, if it breaches the Ichimoku cloud, a retest of horizontal support is likely.

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