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crypto
cryptocurrency
cryptotrading
fibonacci
supportandresistance
trendanalysis
xrp
xrplong
xrpusd
xrpusdlong
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Here's my updated TA from yesterday's perspective (link in related ideas). We may continue trading inside the yellow triangle area until an outbreak which puts us on a shorter timeline (52 cents by June 6th). If we continue within the red triangle area then we will likely see new highs by July 4th. I'm not an expert but a 15%-30% upside and 8% downside is a...
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XRP recently breached the 200 EMA (golden cross) and is setting up nicely in a strong bull pennant. This TA provides my current estimates for a jump to 60 cents on June 6th, or at the very latest by June 17th. It will continue trading within the red triangle before the bulls take control again.
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