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Guzardus
Dec 13, 2020 3:13 AM

XRP, a new upward trend! Long

Ripple / U. S. DollarKraken

Description

Since Jan 2018, XRP has been in a downward price correction and consolidation.

It's taken 3 years to fullly correct the price, and now XRP have exploded out of a downward trend, signalling a trend reversal.

Price bottomed out in March, testing previous lows, and had taken off since then showing clear higher highs and higher lows.

Higher highs and higher lows are the indication of an upward trend.

If we see a higher low formation, we can expect to see another higher high.

HODL with patience.

Trade active

Comments
z_hq
thanks for sharing your insights--nicely done!
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