AndreKlynsmith

Will XRP breakdown or continious upwards ?

Short
BINANCE:XRPUSDT   XRP / TetherUS
XRPUSDT is trading in an uptrending price channel , this is also confirmed by the MA 50 and 200 trend lines . Earlier, the coin broke the downtrend and after confirmation it is forming a strong upward momentum.

I assume that the price can grow. I have outlined two working situations: breakdown of the downward resistance without testing the support. Or rollback to the support of the ascending price channel and in this zone it is acceptable to look for an entry point for purchases.

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