The XRP and the shoulder’s head style can lead to a declining direction to $ 1.07

Risk -led definitions It has a Cryptocurrency Cryptocurrency trading that focuses on payments near the support area near $ 2, a decisive level to confirm a large pattern in the top of the declining direction.

We refer to the head and shoulder style, which includes three peaks, with the middle is the highest. The horizontal line is represented by the three -peak base, the neckline, the main demand area.

In the case of XRP, the application range has been from $ 1.90 to $ 2 the order zone since January. Therefore, the price move to the same thing would lead to the collapse of the H&S, which confirms the change of the bullish direction to the seed.

A potential collapse may see prices approximately $ 1.07, according to Veteran analyst and merchant Peter Brandt. The chart decorations set the goals using the measurement method, which includes setting the distance from the top of the head to the neck line and putting that distance from the collapse point, in this case, $ 2.

On the highest side, $ 3, or the highest level in early March, is the level that must be overcome to the bulls.