XRP did a nice pump out of the descending triangle which is a good sign for XRP holders as another drop would have been fatal for XRP long term price. See my previous idea on that.
Now that we're out, it's likely we will continue up, in timid steps, what is important is that we have a good long term support under us that so far has proven very resilient.
The bullish case gives us two targets, the more immediate one at $0.34 and the second one, somewhat father away, at $0.43. This second one may take a while. So if you want to long, take that into account.
On daily the indicators are looking good, so this momentum up may have some legs. Lets not forget, XRP barely moved while many alts and majors like ETH pushed to ATH and beyond. I do think XRP's turn will come, maybe later, but it will pump.
What do you think?
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Now that we're out, it's likely we will continue up, in timid steps, what is important is that we have a good long term support under us that so far has proven very resilient.
The bullish case gives us two targets, the more immediate one at $0.34 and the second one, somewhat father away, at $0.43. This second one may take a while. So if you want to long, take that into account.
On daily the indicators are looking good, so this momentum up may have some legs. Lets not forget, XRP barely moved while many alts and majors like ETH pushed to ATH and beyond. I do think XRP's turn will come, maybe later, but it will pump.
What do you think?
Like and follow if you liked this idea!
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