In my previous analysis on XRPBTC, we saw a good opportunity to enter a long. We now see the first bullish engulfing starting things off and has brought XRP into a critical point. You see that the price action is combating with the first couple lines of resistance and is about to meet the trend line as well as the candles work forward into this cone between the current resistance trend line from the most recent high peak previously.
I suspect that if XRP breaks both of these lines we can see the price shoot straight for 0.00003000 before facing any strong resistance again.
I suspect that if XRP breaks both of these lines we can see the price shoot straight for 0.00003000 before facing any strong resistance again.
Comment:
XRP broke the top trend completely how so we can expect some more price action heading up I believe.