SaikaleyB

SaikaleyB

Looks to be breaking out of its trend to the upside of the flag that has transpired. I don’t know how high it will go but I’d guess near $3 if we can close above this flag.

SaikaleyB

I think we are going to be playing in this zone for a little while.

SaikaleyB

Looks like the support at $2 is holding for the mean time if can stay above this and keep it as support I see a run at the ATH by News Years. As long as we don’t close any candles below $2 we can still see upside in consolidation at the three monthly candle peaks. If we break below an eventual slip to .80 cents isn’t out of the question.

SaikaleyB

I think if we close the second monthly candle in the green we could start a new trend but if not it looks like a slow dive back to the lower trend line. Going through large swings and large corrections until that flip gets switched.

SaikaleyB

I think if XRP can stay above the triple peak it may be able to use that line as support and continue sideways above $1.95 USD but if it closes a daily or weekly candle below I think we could go back down and trade on the lower trend line again. Time will tell.