TD Buy Trigger Could Cause XRP To Rip Against Bitcoin
TD 9 Buy Setup Prepares Ripple For Recovery Against Bitcoin And Ethereum, Revenge Against Tether
Believe it or not, there was once a time when XRP had unseated Ethereum as the number two cryptocurrency by market cap. TD 9 Buy Setup Triggered On TD Sequential Daily | Source: XRPBTC on TradingView.com
But the return of Ripple could soon finally be here, according to the XRPBTC trading pair and a buy setup triggered by the TD Sequential technical indicator.
Daily Bollinger Bands Doji Reversal Potential | Source: XRPBTC on TradingView.com
XRPBTC About To Blast Off If Downtrend Line Retest Holds, Bollinger Bands Rebound
Coinciding with the TD 9 buy setup triggering on daily timeframes, XRPBTC is forming a doji at the bottom of a short- and medium-term downtrend, just as it closed outside of the bottom Bollinger Band. Related Reading | Underdog Story: Why XRP Could Soon Outperform Bitcoin And Ethereum
XRP has been trading around the $0.25 range for almost all of 2020, potentially building up pressure for a massive move both against dollar and the top cryptocurrency by market cap.
