Xrp (
XRPUSD) is bullish despite the recent drop:

Click chart above to see the detailed analysis👆🏻
Yes, we have been seeing a quite strong correction of about -50% on Xrp over the past couple of months. But no, this bullrun doesn't seem to be over yet but instead Xrp is creating a significant bullish break and retest formation. So if we get the bullish confirmation, we might see new highs.
Levels to watch: $1.8, $3.0
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Yes, we have been seeing a quite strong correction of about -50% on Xrp over the past couple of months. But no, this bullrun doesn't seem to be over yet but instead Xrp is creating a significant bullish break and retest formation. So if we get the bullish confirmation, we might see new highs.
Levels to watch: $1.8, $3.0
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Xrp (Click chart above to see the detailed analysis👆🏻
Just after Xrp perfectly retested the previous major swing high structure, we are now witnessing buyers stepping in and pushing price already +30% higher. So far, Xrp is clearly creating a bullish break and retest and if the monthly candle closes like that, the bullrun continues.
Levels to watch: $1.8, $3.0
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Xrp (Click chart above to see the detailed analysis👆🏻
What an incredible month we saw on Xrp. First, a harsh and painful drop of about -25% which was immediately followed by a +40% reversal. It seems like buyers are taking over again which means that Xrp could easily rally more and create new all time highs.
Levels to watch: $1.8, $3.0
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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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.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.