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NutFarm

Monthy close is today. Can XRP flip prior resistance to support?

Long
XRP (BITSTAMP:XRPUSD)  
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BITSTAMP:XRPUSD   XRP
Trend Analysis Chart Patterns
7
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trendanalysis chartpattern
I will be watching today's close to see if XRP stays above 0.665.
Trade ist aktiv:
The Battles for support rage on, and it looks like the weekly support level will hold for a second time. This is below the monthly; however I am taking it as a sign of strength.

snapshot
Kommentar:
And the weekly support battle was lost... next long term support I see is the 55W MA (blue here). This pushes me more toward neutral.

snapshot
Kommentar:
July monthly close in 2 days, and things are looking bullish at this timeframe. The monthly is on its way to printing a dragonfly doji. Watching this one close again, as the price action around a monthly + weekly close can get 'interesting'
Kommentar:
Kommentar:
nice solid july close

snapshot
Kommentar:
And that doji was followed up by a nice green candle. Chart is looking propper.
snapshot

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