XRP is about to break the channel

Updated

It's caught in a tight pennant on the 1hour chart. But if it breaks this long triangular formation on the daily, it can easily hit the 0.5 Fib level on the chart.
Eyes open for this.

Note

First TP - $0.75
Second TP - $0.89
Third TP (Risky) - $0.98
Fourth TP (Very Risky) - $1.35

Note

On the flip side, going down,
First support - $0.43
Second support - $0.36
Third support (very low possibility + very strong support) = $0.23

Note

Good chance XRP will test $0.42 before breaking and rising! Keep your eyes up.
currently still stuck here in the triangle if I zoom in

Note

Hopefully this is just a bullish Cup and Handle - where it's currently forming the handle

Note

beautiful setup. we need this downtrend

Note

Setting up a nice head and shoulders with a larger cup and handle. This is all bullish

Trade active

Touchdown!

XRP completes the handle bottom.
Now we only go up

BARSTrading

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