Expecting XRP to break out to region one before retesting the 0.26 to 0.265 region and moving higher to 0.30 cents.
Comment:
Phase 1 has played out perfectly, we broke into the channel and highlighted zone and rejected off the midline, retested the highlighted zone around 0.261 and have been bought back up in the same 4H candle, bullish on XRP after this move however BTC is also approaching the 10k zone (major resistance) and we know alts like to follow the queen. Confident the second box will be hit within the next 4H candle so we can retest the 0.30 zone, after that the fun begins...
Trade closed: target reached:
Move complete, sorry about the lack of chart cleanliness sometimes I use a few extra markers in moves I'm watching but not publishing. If this resistance is breached we should be going to 0.31 fairly quickly and eyeing up 0.34 at the top of the move before a retrace to test 0.30.