Follow up on my previous analysis, where I correctly anticipated breakout from long lasting bearish triangle, I'm posting my next targets. XRP still looks very bullish and given the fact BTC is on ATH, XRP has some more room to the upside. As you all know, XRP can move exponential, be very cautious as it will get wild once the price goes over $0.75 region. This is also the next mayor resistance level; my next targets are however $0.93 and $1.05 respectively.
On chart, I marked green double lines which can be used for day trading as they are acting as supports and resistance levels, while blue channel is trend. Once price breaks the channel the price will escalade very quickly. The same goes if XRP breaks the channel to the downside, but currently the trend is still very positive. Follow the trend.
On chart, I marked green double lines which can be used for day trading as they are acting as supports and resistance levels, while blue channel is trend. Once price breaks the channel the price will escalade very quickly. The same goes if XRP breaks the channel to the downside, but currently the trend is still very positive. Follow the trend.