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XRP / Bitcoin
Updated

Xrpbtc breaking up from 6 month descending channel

553
The green descending channel that xrpbtc is currently breaking up from it has been inside for the last 6 months or so. The breakout target of the channel should lift xrpbtc priceaction above bothe the weekly 200ma(in blue) as well as the daily 200ma(not shown here). If it finds a way to break up from the symmetrical triangle it can rise all the way to .00006. *not financial advice*
Note
Currently retesting top trendline of the green channel as support
DrDovetail
200maBullish PatternsbullishbreakoutChart PatternsDescending ChannelTechnical IndicatorsrippleTrend AnalysisxrpXRPBTC

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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.
200maBullish PatternsbullishbreakoutChart PatternsDescending ChannelTechnical IndicatorsrippleTrend AnalysisxrpXRPBTC
DrDovetail

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.