TradingView
BillCharison
Jun 3, 2019 3:28 PM

$XRP, Consolidating To Move Up! Long

XRP / US DollarBinance

Description

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$.

If you found this idea interesting, do not forget to Like it and subscribe to the profile, so as not to miss our updates!
Comments
More