Xrp - The New +400% Bullish Triangle!
Xrp (
XRPUSD) is creating another bullish triangle:
Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
XRPUSD) is creating another bullish triangle:Click chart above to see the detailed analysis👆🏻
Despite the recent rally of +300% on Xrp, this crypto coin is still totally bullish. However at the moment, Xrp is starting to reject a quite significant all time high resistance level. We could see another drop lower from here before bulls will take over again and eventually create new highs.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Xrp (XRPUSD):
Click chart above to see the detailed analysis👆🏻
Xrp is currently perfectly pausing at the previous all time high resistance, nicely showing some short term weakness after the crazy pump. However this does not mean that Xrp is now bearish - the opposite is rather the case and Xrp is just preparing for an all time high breakout - maybe after a short term dip.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Xrp (XRPUSD):
Click chart above to see the detailed analysis👆🏻
After we saw the quite ugly all time high rejection candle last month, it still seems like bulls are doing their best to close above the ascending triangle horizontal resistance. A confirmed breakout would probably lead to an immediate rally to the next psychological price target of two digits.
Levels to watch: $2.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision.
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Keep your long term vision.
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