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XRP

XRP looking confident above the top trendline

By DrDovetail
Updated
That pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.
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The orange 50ma is likely to help lift priceaction up there too considering it is likely to sustain the golden cross here.
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First target hit already with exact wick precision!
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You can see clearly how it has corrected after reaching that target thus forming the current wick.
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Its not out of the question for priceaction to correct enough to retest the pink trendline or even the 50ma here on this pullback.
1daychartAscending TrianglebreakoutBullish PatternsChart PatternsgoldencrossParallel ChannelrippleTrend Analysisxrpxrpusd

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