XRP
Long

XRP is about to breakout the descending yearly resistance

The XRP USD price action is about to breakout the descending yearly resistance formed since 2018. It is still respecting the yearly ascending channel as described in previous analysis and the monthly RSI has already breakout (in terms of RSI moving averages). When monthly RSI breakout this way, it is likely the price action follows the same behaviour. XRP is looking extremely bullish at the moment.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer