GarethSolowayOfficial

XRP BREAKOUT OF LOCAL AND MACRO RESISTANCE

Long
Here we are looking at XRP on the DAILY TF…

As you can see, XRP has FINALLY broken out of resistance (blue channel) that has been resistance Ince May of 2022. After breaking its local symmetrical triangle, XRP slammed through its macro resistance.

Now that it has broken out, we will continue to monitor it to re-test previous resistance as support, and maintain its development above that previous resistance…

I will continue to provide timely updates as I see fit!

Cheers!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.