ThinkingAntsOk

"Long Vision" XRP (Ripple) breaking up the Descending Channel?

Long
BITFINEX:XRPUSD   XRP / U.S. Dollar
Daily Chart Explanation:

- Price is on a Descending Channel since April '18.
- It bounced on the Support Zone and is currently on a Bullish Corrective Structure.
- If price breaks the Descending Channel at 0,483, it has potential to move up towards the Resistance Zone at 0,75.

You can check our Top and Bottom Analysis and our last short term view on XRP on the Related Ideas.

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