Bullish divergence on the 60m XRPUSD chart. Strong support demonstrated between $1.05 - $1.08, forming a double bottom. A move up to and above $1.18 would provide further confidence that we have reached the end of this correction. I would then look for a move up to the $1.35 local high, if we can break this level then we would have a short term target of $1.535 (1.618 extension from the $1.35 high to the $1.05 low).
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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.