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Charl13Scrutton
May 11, 2021 8:44 PM

XRP Ideology- Are we going to see a bullish breakout? Long

XRP / U.S. dollarBitstamp

Description

Here's my XRP analysis, if we see a breakout from the wedge, this is what I see happening. This price action all depends on bitcoin. The main factor we need to consider is if we break that $1.95 area we will see $2.00+, however, if we reject that are that could potentially be the high and we can start looking for shorts.
Comments
knownMaster58372
you only see the positive side, the market is not bullish which means after the wedge is broken it can move in the downward trajectory and can test 1.35 and further 1.21. I hope it reacts according to your analsysis
Charl13Scrutton
@knownMaster58372 yes the market can go opposite way however we are in a bullish trend therefore I never trade against the trend. If ur breaks and moves bearish we could see 1.25 them 1.1 again
teviblaise
Insectgirl20
Ryecatcher
xlm will follow
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