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ArcusFX
Apr 2, 2020 11:23 PM

Possible XRP to $0.28 

XRP / United States DollarCoinbase

Description

I have my position from $0.15 however the $0.18 region seems to be a resistance XRP has not been able to break. Stops at B/E.

The same channel has been respected and the monthly candle closed very bullish. Wicks suggest upside potential. However, we could see a dip to retest the $0.12 level. Daily candle closures suggest another downside move as double top with two wicks into $0.18

Will be monitoring for a break and retest of upper $0.18 for continuation to the next resistance of $0.20 or the neckline of the double top (for shorts)
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