XRPLong
XRP bulls at 0.80,bears at 0.85; watch ascending triangle for BO
As I have posted several times before, 0.85 is the do-or-die point. Heavy fighting now at 0.80 to 0.85 battlezone as bulls BO 0.85 but failed to retain position & went back to 0.80. There will be another attempt.
Overall, I’m still bullish coz XRP already BO of a falling wedge. It held dma20 & dma 50 so far.
See the ascending triangle? XRP has to BO from this for a clear direction, the rest is just noise.
0.70 has to hold to remain bullish.
BO of triangle will see the next TP levels at 1.07, 1.20 & 1.4.
Not trading advice
Overall, I’m still bullish coz XRP already BO of a falling wedge. It held dma20 & dma 50 so far.
See the ascending triangle? XRP has to BO from this for a clear direction, the rest is just noise.
0.70 has to hold to remain bullish.
BO of triangle will see the next TP levels at 1.07, 1.20 & 1.4.
Not trading advice
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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.