XRPLong
XrpUsd- Could it test 1usd?
After the strong spike up back in mid-July, XrpUsd corrected and got back in the old accumulation zone and a new accumulation of 2 months followed.
The end of October and the start of November come with a break above the upper boundary of the accumulation zone and a rise to 0.75 zone followed.
The recent drop is clearly corrective in nature and formed a bullish flag (we ignore the spike from mid-November) and now Ripple's bulls are preparing for a new run.
A break above the flag's resistance would bring confirmation and we can expect a test of 1usd.
I'm bullish Xrp as long as the price stays above the 0.55 support zone.
The end of October and the start of November come with a break above the upper boundary of the accumulation zone and a rise to 0.75 zone followed.
The recent drop is clearly corrective in nature and formed a bullish flag (we ignore the spike from mid-November) and now Ripple's bulls are preparing for a new run.
A break above the flag's resistance would bring confirmation and we can expect a test of 1usd.
I'm bullish Xrp as long as the price stays above the 0.55 support zone.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.