Mihai_Iacob

XrpUsd- Could it test 1usd?

Long
After the strong spike up back in mid-July, XrpUsd corrected and got back in the old accumulation zone and a new accumulation of 2 months followed.
The end of October and the start of November come with a break above the upper boundary of the accumulation zone and a rise to 0.75 zone followed.
The recent drop is clearly corrective in nature and formed a bullish flag (we ignore the spike from mid-November) and now Ripple's bulls are preparing for a new run.
A break above the flag's resistance would bring confirmation and we can expect a test of 1usd.
I'm bullish Xrp as long as the price stays above the 0.55 support zone.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.