ok anyone with half a brain can see this bad boy is in a strong uptrend. red hollow momo hammer bouncing at the bottom of the channel. i circled a very strong pattern looks like it needed to close above 149 to confirm it (which it did) very strongly they also are working on a corona virus vax. so lots of plays in store for this bad boy if it breaks ath it can...
XRPUSD has experienced a large drop recently, this has lead to the formation of a horn bottom which may lead to a short term bullish reversal. (6/29, in a bearish market. According to Encyclopedia of chart patterns)
thepatternsite.com - Verified Horn Bottom pattern last week. TP is 86.20.
The horn bottoms can be seen on the weekly candlesticks chart for 9/28 and 10/12. The target price of $33.05 be easier to achieve if they continue to make good surprises in their earnings reports. Fundamentals look good for this stock as well. thepatternsite.com thepatternsite.com