Xrp (
XRPUSD) will finally break out of the triangle:
Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
XRPUSD) will finally break out of the triangle:Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Xrp (XRPUSD):Click chart above to see the detailed analysis👆🏻
We just had to blink for a second and Xrp rallied more than 100% within a couple of days, finally rejecting the lower support trendline. It is still not 100% certain whether Xrp will manage to break out of the triangle, but if the momentum continues, bears will eventually surrender.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Xrp (XRPUSD):Click chart above to see the detailed analysis👆🏻
If we actually don't see a major drop on Xrp over the next couple of days, then we will finally have a confirmed symmetrical triangle breakout, with bulls being clearly in control of Xrp. A triangle breakout means that we can immediately see more bullish continuation back to the previous all time highs.
Levels to watch: $3.0
Keep your long term vision,
Philip (BasicTrading)
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.