Brandon29992

XRP BACKTEST downward resistance line

Long
Xrp broke above the downward resistance line in this massive sub triangle which by the way is in a much larger triangle. The price broke out and back tested and is currently holding above the back test area. We really need to get above 55 to 65 cents. While staying above the 200 week moving average. Also if you look at xrp versus the rest of the market from a dominance perspective it's looking better than it was a few months ago. Really liking the structure and xrp versus BTC and it's surprising that the stock market is having some terrible down days while crypto remaining relatively healthy. We definitely want to see the dxy go down and xrp continue to March higher. Everything is lining up great for ripple and xrp just look at the news yesterday the SEC corruption just got denied again another big win for ripple it didn't do much to the price but that's because mainstream media Outlets do their best to keep it on the down low and also we are in a bear Market but in my opinion we are in a recovery or at least a retracement and we have to remain bullish until we start making lower lows but right now it looks like we are just ranging in a re-accumulation range.

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