XRP Golden Cross Trajectory Bumped up a day to November 1st.
As we can see we are still inside the bull flag on the 1 day chart with the 1 day 50ma(in orange) acting as strong support and the 200ma(in blue) as resistance...based on the upward angle of the 50ma I have a feeling it will maintain support and ultimately push the price action above the 200ma and cause a nice bullish breakout from the bull flag which in turn should provide great rocket fuel for the golden cross. Currently because the prce action has remained above the 50ma it has risen the 50mas trajectory enough to bump the expected golden cross up 1 day from November 2nd to November 1st....At this point only a massive dip could prevent this cross. So there is a very high probability the cross will occur...however we need to remember that even though those are far more often bullish, there have been a couple instances in the past where the price has fallen after a golden cross and it ends up being a fakeout that just goes right back into a death cross a few days later. I'm pretty confident this golden cross will be sustained but will be prepared in case I see signs of a fakeout. You choose your own path as this is not financial advice and simply my own personal gameplan. Thanks for reading!
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