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PolarHusk
Aug 30, 2020 5:02 PM

XRP/BTC (Trendline Resistance Break?) 

XRP / BitcoinBinance

Description

XRP/BTC

-The price is starting to break outside the trendline resistance
-XRP is also testing the 200D MA dynamic resistance area
-If the daily candle closes Bullish, this will signal a potential reversal
-We can also see last August 27, XRP tested the previous resistance zone
-It bounces off strong as the buyers started to enter the market
-Take note, the golden Fib acted as strong support as well
-The upside target is the recent swing top at 2819 sat range or higher
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