Hey! I am back with another Crypto idea this time looking at XRP.
The price of XRP is currently in ascending triangle which is a bullish pattern. Price needs to break $0.2460, which is our current resistance, by a full 4H in order to break to $0.2520 - $0.2550 Area. Ideal buy is on the 4H 50EMA, that is acting as a support line.
I am buying in the resistance area we are in, $0.2432 - $0.2460. My stop loss will be hit, when the uptrend line of this ascending triangle gets broken. Take profit area is $0.252 - $0.255 (Around 5%)