thomasrguitard3

thomasrguitard3

If it breaks the down sloping resistance we can hope for a back test of the break out and then longggg

thomasrguitard3

1) LTC Held $187 as support which was previous resistance back in Jan 21 2)At the Bottom of a Parallel channel can reach top of the channel 3) Mac D Bullish Divergence on Daily 4) Stoch RSI Oversold on Daily 5) 2 consecutive HH and HL in this new trend 6) Target is $331 which is top of the current channel and a high from the structure from April 21

thomasrguitard3

Xrp has been in an ascending channel since back in DEC 19' it has tested the top of the channel over 5 times with the 6 time doing a false break out and coming back down into the channel. We then tested the bottom of the channel and the support of the channel as well ass the 200 MA on the 4 hr chart held and began to push the price action back up.