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casper12
Oct 18, 2020 6:46 AM

XRP Short Term Analysis 

XRP / U.S. dollarBitstamp

Description

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