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KBG86
Nov 7, 2020 5:57 AM

XRP/USD in Flat Increasing Channel  

XRP / TetherUSBinance

Description

XRP/USD is exactly in this channel.

Now, the price is closed to the upper trend line.

We can try to get a short position by predicting of maintaining the channel.

Meanwhile, if the price breaks up the upper trend line, we can try to get a long position above the line.

Apart from such thoughts, we can guess that the XRP price is flat but definitely increasing.

Trade closed: target reached

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