RIPPLE(XRP) - Long-term convergence breakout
* 1W
XRP broke through long-term convergence with the news of winning the lawsuit.
* 1D
XRP has broken through all the major resistance bands and has now reached strong pink box resistance, and adjustments have come.
Even with further adjustments, a rebound around $0.6949 is likely.
It is best to support the blue box part with the body of the candle.
It is important to check whether it is supported or not.
As a long-term convergence breakthrough has been made, it would be good to expect a significant rise this time.
Note
Rebound on support of $0.6949, hitting its first tp
17% profit
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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.