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MikesJakub
Mar 25, 2021 10:43 PM

Another reasons why XRP is bullish. Long

XRP / DollarBitfinex

Description

This is another reason why I´m super bullist on XRP.

On the daily chart, it has been drawing a nice triangle that has 3 support at one time. This is just incredible.
I have 3 scenarios that might come.

1, Blue one
Most optimistic one... XRP might break up from the triangle and move simply to 0.9.

2, Yellow one
XRP might bounce to the first double support level and then bounce even faster to the top.

3, Green one
The most pessimistic one.
It could also break down a little bit and then jump of another double support level.
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