datsuntran

More upside soon?

KRAKEN:XRPUSD   XRP
The 50MA is well above the 200MA on the 2HR chart and still moving within the ascending channel in this converging triangle. There was an attempt to break through the .53 resistance but was rejected. There's also an upside cross on the Intelligent Moving Average so we may see another attempt to break through the resistance again very soon. Should be no later than November 17th. Things are happening either way as the sentiment has generally turned positive.
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.