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Sparkster
Aug 3, 2020 10:37 AM

First XRP Breakout of 2-Day Cloud Since Previous ATH Long

XRP / US DollarPoloniex

Description


In our previous analysis of XRP we said "If XRPBTC can reclaim the white horizontal level then the historical trend easily comes into play. A sharp burst of 300% profit potential."

Hey presto it has now reclaimed that level:



Furthermore... using 'crypto settings' for Ichimoku Indicator we can also see a 2-day time-frame break above the cloud. That's the first breach of that dynamic resistance since the previous bull run.

Traders will be getting very keen on XRP trades.

XRPArmy... rise and shine.

- Note: SignalsBySparkster are not provided as financial advice.
Comments
GJMRealEstate
nice work. the rocket ship has never seemed more appropriate.

it looks like the opportunities for traders and hodlers to grab new positions will be more difficult as the trend changes
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