XRPUSD Broke out from ascending triangle and extended right down to where intended. If we do not see any retake by the bulls from here we will probably continue down to test the bottom of the symmetrical triangle. Not trading advise, just for my own fun and education.
IF XRPUSD breaks to the top of the flag and above the trendline it could go to 0.73 region
Ripple XRP has been trading in the box for a good few hours now and has broken the top of my flag just to encounter the resistance at 0.83 Should it be bale to break through this convincingly we could see a move up to around 0.84 But as per my previous two analysis, it broke through but did not close above and therefore never confirmed and failed. Let us see...
Bull flag formed and broke to the top, but lets see what happens
Ok so we broke to the topside of the latest flag and should move upward from here barring any bad news or overall negative crypto sentiment in the market. Target seems to be close to 1.2 but there are a few hurdles to cross on the way there ... Lets see how this unfolds. All for shits and giggles trade on your own TA.
Quite a few signs on the above indicators (in my absolute noob opinion) that there is a possibility for a further move up. In my opinion we do nee some momentum and volumes fairly soon for that to happen. All in my personal, non-professional, opinion and only for educational ( or a lack thereof hehe) purposes.