On last week's sell-off on Crypto market, Ripple found strong demand under 1usd and made a double bottom
The neckline resistance of this patter has been broken alongside the descending trendline signaling that the correction for XrpUsd is most probable over.
At this point Ripple is consolidating above 1.3 and I expect a strong leg up soon
Bulls should be very strong at 1.2 and 2usd is a soft target for Ripple in the medium term
The neckline resistance of this patter has been broken alongside the descending trendline signaling that the correction for XrpUsd is most probable over.
At this point Ripple is consolidating above 1.3 and I expect a strong leg up soon
Bulls should be very strong at 1.2 and 2usd is a soft target for Ripple in the medium term
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.