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#altscoins

altscoins

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Just Wolf
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Keep an eye on $XRP # right now. A classic head-and-shoulders pattern has been forming since March, with the right shoulder locking in mid-May. If we break below the crucial $1.18 neckline, technicals suggest we could see an 18% drop that pushes price below the $1 mark. But here’s the twist: exchange outflows have absolutely skyrocketed by over 300% since mid-May. While the chart looks bearish, this massive spike in accumulation means buyers are stepping in heavily, which could completely cushion the fall or invalidate the pattern entirely. #BitcoinGoldenCrossTo75k #altscoins #Xrp🔥🔥$XRP {spot}(XRPUSDT)
Keep an eye on $XRP # right now. A classic head-and-shoulders pattern has been forming since March, with the right shoulder locking in mid-May. If we break below the crucial $1.18 neckline, technicals suggest we could see an 18% drop that pushes price below the $1 mark.
But here’s the twist: exchange outflows have absolutely skyrocketed by over 300% since mid-May. While the chart looks bearish, this massive spike in accumulation means buyers are stepping in heavily, which could completely cushion the fall or invalidate the pattern entirely.
#BitcoinGoldenCrossTo75k #altscoins #Xrp🔥🔥$XRP
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Bullish
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