An update from my previous XRP post, looking here at the 2H timeframe - chart is the entire month of January.
At the moment, XRP is holding it's confirmed trendline - more than 3 touches on the line - and earlier today tried wicking back down but couldn't , which indicates very bullish momentum.
I'd expect a clean break of the resistance at 0.247 before a test of 0.269. That's where I placed my 1st sell target, it'll most likely pullback from that level then i'll buy back in. That 1st touch gets rejected 95% of the time.
The entire DavosX summit is talking about XRP, I really wonder what the special announcement on the 23rd is.
As always please do your own research, I am not a financial advisor.
At the moment, XRP is holding it's confirmed trendline - more than 3 touches on the line - and earlier today tried wicking back down but couldn't , which indicates very bullish momentum.
I'd expect a clean break of the resistance at 0.247 before a test of 0.269. That's where I placed my 1st sell target, it'll most likely pullback from that level then i'll buy back in. That 1st touch gets rejected 95% of the time.
The entire DavosX summit is talking about XRP, I really wonder what the special announcement on the 23rd is.
As always please do your own research, I am not a financial advisor.