Recently I made an analysis on XRP where I discussed the bull-flag pattern drawn on the chart. I wrote to wait for a bullish close above the top dotted resistance, which would likely cause further bullish price action.
As of yesterday, my first target has been reached. After a minor sell-off last night, XRP seems to have retested the resistance as support and looks ready for a move towards the second target, blue.
For confirmation you might want to wait for a new local high above $0.53
As of yesterday, my first target has been reached. After a minor sell-off last night, XRP seems to have retested the resistance as support and looks ready for a move towards the second target, blue.
For confirmation you might want to wait for a new local high above $0.53
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