ParCrypto

First Breakout Confirmed. Second Is Right Around The Corner.

Long
BINANCE:XRPBTC   XRP / Bitcoin
XRP has broke out of the falling wedge and has been in an uptrend since August 9th. The next MAJOR resistance is the thick red line. This resistance dates back to the ATH. The MACD on the 1D has flipped bullish and is so close to flipping bullish on the 1W. (Look at my previous analysis for that. RSI is about to flip above 50, which is bullish as well. If price can break through this upper resistance we will see some real fireworks! First target is a 2X. It is definitely worth owning some XRP right now just in case of a breakout since this coin can run wild.

*This is not financial advice. I am not responsible for any losses of money.*

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.