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Ripple just printed a strong bullish candle to break pass 0.269 (EMA50).
This setup is quite bullish if the daily candle closes above EMA50 and can signal that Ripple is ready to move higher vs the Dollar (XRPUSD).
I've marked the main scenarios in the chart above.
Ripple is very likely to continue growing.
Thanks a lot for reading.
Namaste.
This setup is quite bullish if the daily candle closes above EMA50 and can signal that Ripple is ready to move higher vs the Dollar (XRPUSD).
I've marked the main scenarios in the chart above.
Ripple is very likely to continue growing.
Thanks a lot for reading.
Namaste.
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Related Ideas
Comments

Thanks for your work laying out what is coming next for Ripple. I think it's going to test EMA50 soon.
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@alanmasters, I guess we have to wait for the EMA50 to cross EMA200 to get the golden cross?
Reply

@Gaengphed, That would surely give us a strong bullish signal... Still needs time though.
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