xrp202166844
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since Sep 25, 2020
bullish
chartpattern
indicator
trendanalysis
xrp
xrpusd
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Following the daily chart there seems to be classic Wyckoff Accumulation currently in phase D heading to Phase E. Support and resistance seems clear and back testing upper support is normal when approaching Phase E. Things are still bullish unless we fall out of the structure. 60% upside - 40% downside/sideways.
1
Appears to be Wyckoff accumulation on the daily chart. Most likely appearing to be in Phase D, attempting to break resistance at the .618. With a successful breakout, we may see a back test to the .618 before further continuation to the upside. We could see targets of $1.50 and above.
2
Multiple indicators showing upside movement. XRP can potentially see $2.80 with a successful breakout.
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