Understanding XRP/USD
On this analysis my goal is proving the descending triangle was the long trend for xrp/usd which was confirmed later on August 2019.
Xrp tried to pierce the resistance one more time at February but Covid-19 provided the invalidation.
Now xrp/usd is trading on the 0.11 ~ 0.34 range ascending channel.
For a bullish scenario it will need to break the 0.34 resistance level and close above it.
Xrp tried to pierce the resistance one more time at February but Covid-19 provided the invalidation.
Now xrp/usd is trading on the 0.11 ~ 0.34 range ascending channel.
For a bullish scenario it will need to break the 0.34 resistance level and close above it.
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