EACoders

XRP Weekly Trend Line Broke & Retested (BULLISH)

Long
There has been a weekly downward trend line for XRPUSD ever since early 2021. Actually, it goes back to 2018, but for the sake of good visibility on this chart it goes back to only 2021. Zoom out of look on the monthly chart though to see that it goes back to 2018!

Note: You can check multiple price feeds too, not just Binance. For example, Bitstamp XRPUSD and others.

This downward trend line has been broke and retested. Price is currently at support now and ready to take off. Expect some fireworks for XRP soon.

Minimum TP = $0.94
Longer term TP = $1.40
Current price = $0.59-$0.60

Price is currently at support, so risk is extremely low. You may want to set a SL somewhere below $0.50 just to be safe. Please note, Price will likely go way above my two TP prices posted. These are just two very probable TP prices that will be reached with without waiting forever. This is a long-term chart and very reliable.

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