Get started
ThinkingAntsOk

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

Long
XRP (BITFINEX:XRPUSD)  
ThinkingAntsOk  
BITFINEX:XRPUSD   XRP
Support and Resistance Trend Lines Chart Patterns xrp xrpusd ripple rippleusd
49
5
supportandresistance trendline chartpattern xrp xrpusd ripple rippleusd
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.

Updates coming soon!

Related Ideas

ThinkingAntsOk
"Ripple (XRP) moving towards the Fibo Levels?" by ThinkingAntsOk
ThinkingAntsOk
"Long Setup" Short-Term View on XRP (Ripple) by ThinkingAntsOk
ThinkingAntsOk
"Top and Bottom Analysis" XRP/USD (Ripple) by ThinkingAntsOk
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.