#Long term

$XRP 3D 🚀

On the three-day chart of XRP, a head and shoulders reversal pattern is completing its formation. The height of the figure from the neck line to the lower support level is approximately 60%, that is, the goal of working out this formation is 60% upward from the neck line.

Important local support levels are levels 0.6 and 0.55. From these levels you can consider going long with a target of 1.1+. The deal will no longer be relevant if the daily candle fixes below 0.47.

Risk management: 5:1 ⚡️

Of course, an additional stimulus for growth will be the positive results of the Ripple and SEC proceedings, as well as the adoption of the spot BTC-ETF. There are enough potential triggers for growth, the technical side also supports growth, so I advise you to take a closer look at this option, but without being too greedy.