BillCharison

$XRP, Consolidating To Move Up!

Long
Some fresh thoughts about the $XRP. On the 1D chart Ripple has just broken through the triangle's resistance and now consolidating with the only one purpose - continue moving inside the current up-trend. At the moment the price is forming a bullish triangle with a flat resistance that was broken several times by wicks - bullish mood. Moreover, in 2-3 days $XRP chart will form another Golden Cross (MA100 cross MA200), which is also a VERY bullish sign. Don't forget that not long time ago there was formed another Golden Cross, when MA200 crossed MA200. The main support is located in the zone of 0.400$ - 0.415$.

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