XRP, next target ahead
Since the breakout above the 30 EMA on 17th Sep. Ripple had a good development and bullish run toward the resistance line at 3207.
This line was retested twice, but the price didn´t close above it.
An ascending triangle appeared.
Probably there will be a 3rd retest of the resistance line and the likelihood is high of a trend continuation.
In the case of a price rejection, the price could move beyond the rising support line of the triangle and drop.
These are our probabilities and we should consider each of them, before entering a position.
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This line was retested twice, but the price didn´t close above it.
An ascending triangle appeared.
Probably there will be a 3rd retest of the resistance line and the likelihood is high of a trend continuation.
In the case of a price rejection, the price could move beyond the rising support line of the triangle and drop.
These are our probabilities and we should consider each of them, before entering a position.
If you found this post helpful, like, comment, and subscribe!
Telegram Signals
t.me/NextLevelCrypto
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