Xrp - The Bullrun Is Finally Starting!

Nov 15

Xrp (XRPUSD) will finally break out of the triangle:



Click chart above to see the detailed analysis👆🏻

As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.

Levels to watch: $1.0, $3.0

Keep your long term vision,
Philip (BasicTrading)

Nov 20

Trade active

Trading update on Xrp (XRPUSD):



Click chart above to see the detailed analysis👆🏻

We just had to blink for a second and Xrp rallied more than 100% within a couple of days, finally rejecting the lower support trendline. It is still not 100% certain whether Xrp will manage to break out of the triangle, but if the momentum continues, bears will eventually surrender.

Levels to watch: $1.0, $3.0

Keep your long term vision,
Philip (BasicTrading)

Nov 25

Trade closed: target reached

Trading update on Xrp (XRPUSD):



Click chart above to see the detailed analysis👆🏻

If we actually don't see a major drop on Xrp over the next couple of days, then we will finally have a confirmed symmetrical triangle breakout, with bulls being clearly in control of Xrp. A triangle breakout means that we can immediately see more bullish continuation back to the previous all time highs.

Levels to watch: $3.0

Keep your long term vision,
Philip (BasicTrading)