untoldanalysis

RIPPLE(XRP) - Long-term convergence breakout

Long
BINANCE:XRPUSDT   XRP / TetherUS



* 1W

XRP broke through long-term convergence with the news of winning the lawsuit.


* 1D

XRP has broken through all the major resistance bands and has now reached strong pink box resistance, and adjustments have come.

Even with further adjustments, a rebound around $0.6949 is likely.

It is best to support the blue box part with the body of the candle.

It is important to check whether it is supported or not.

As a long-term convergence breakthrough has been made, it would be good to expect a significant rise this time.

Comment:

Rebound on support of $0.6949, hitting its first tp

17% profit

TELEGRAM CHANNEL

t.me/untoldglobal
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.