TradingView
NextLevelCrypto
Oct 5, 2019 12:11 PM

XRP, next target ahead 

XRP / BitcoinBinance

Description

Since the breakout above the 30 EMA on 17th Sep. Ripple had a good development and bullish run toward the resistance line at 3207.

This line was retested twice, but the price didn´t close above it.
An ascending triangle appeared.

Probably there will be a 3rd retest of the resistance line and the likelihood is high of a trend continuation.

In the case of a price rejection, the price could move beyond the rising support line of the triangle and drop.

These are our probabilities and we should consider each of them, before entering a position.


If you found this post helpful, like, comment, and subscribe!

Telegram Signals
t.me/NextLevelCrypto
Comments
More