DudeInBlue

XRP/USD Possibility of an Ascending Channel

KRAKEN:XRPUSD   XRP
Current support is at .30 while the next resistance is at around .33 levels, Stoch RSI indicates to be overbought, a pullback might be incoming causing a reversal to current support zones.
There seems to be possibility of an ascending channel being formed at current levels and if that is the case a price drop towards .29 will likely happen. However I'm still not 100% bullish on XRP until a candle forms above the next resistance level (.33)
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