casper12

XRP Short Term Analysis

BITSTAMP:XRPUSD   XRP / U.S. Dollar
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3
XRP is forming an ascending Triangle Pattern touching the 0.24 support..If this support will not be broken, we are expecting again to visit the resistance at 0.26 level and we're going to be successful in breaking it, It will give us a short term upside price of 0.27 to 0.28.From September 4, October 13, 2020, we are still having difficulty to surpass the said resistance and a convincing break above it will surely give us a new hope in aiming for the 0.28 level of resistance. A failure again to break this will not lead us to deeper problem but it will surely complete the pattern of the triangle formation that is why looking on this formation and a break on it is our main focus. Target to break this resistance may soon happen this week but then again this is not financial advise.

Comments

This upmove is great when the demand increases, thanks for the update.
+1 Reply
casper12 VincePrince
@VincePrince you are very much welcome.
Reply
hey vinceprince...xrp is moving.Hope to see to see you at the resistance:-)
Reply
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