Trending mainly within a parallel channel for the best part of half a year now, only breaking out briefly on the upward side to test resistance one time before returning back to the confines of the channel. It's time for XRP to break out again on the up side and test this level once more.
Although levels are closing in on the current price it's an unknown if the...
Could we be looking at XRP being stuck in this ranging area between 0.39-0.49CAD for the next couple of months until this descending line will be squeezed to breaking point? Quite possibly.
This area has proven to be a ranging area for many months historically so a natural settle here was inevitable; Crypto Tipster v2 is currently showing a Sell signal, but the...
XRP is currently forming a ascending triangle. Listed is the support and resistance as we speak, this is based upon capital flow.
Personally I believe that this is a breakout pattern forming, extremely bullish.
Trend line is still on track as pictured. Fake out had massive sell off at $0.37250. Price consolidated, awaiting further potential break now. Other wise lower levels will be retested...
