Bull Flag breakout
Aktualisiert
Hi
So about 3 days ago I presented the idea of a bull flag for XRP, with a target of 85 cents. We can see that yesterday the breakout happened, combined with a crossing of EMA50 - EMA200.
I think today - Thursday April 19 and Friday, we might see a continuity in this breakout with a target of 85-86 cents, perhaps a little bit more towards .90 cents.
Volume is continuously increasing which is also a good sign.
I'm bullish and have bought this breakout.
So about 3 days ago I presented the idea of a bull flag for XRP, with a target of 85 cents. We can see that yesterday the breakout happened, combined with a crossing of EMA50 - EMA200.
I think today - Thursday April 19 and Friday, we might see a continuity in this breakout with a target of 85-86 cents, perhaps a little bit more towards .90 cents.
Volume is continuously increasing which is also a good sign.
I'm bullish and have bought this breakout.
Kommentar
Watch the volume today. It has increased significantly in the last 24 hours and I believe this will continue. I would not be surprised to see 1B again when XRP pushes towards the flag target of 0.85 cents.
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