XRP
Long

XRP Bullish NEW YEAR $1.00 Target

Formation of a bullish pennant is visible on the daily (1D) chart. XRP must stay above .5 support line. A breakout above reaches previous major resistance at approximately 0.79. At this point, we will likely see a correction where our previous .68 resistance line was back when BTC broke $19800. This line will act as support and likely lead to a bounce and break scenario. Price target for the pattern is $1.00.
FlagPennantSupport and Resistance

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