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XRP Long Analysis
This is what i'm looking at for XRP - Our medium term upside targets of $2.4 & $2.8 are still valid, we have had a break out of the higher time frame trend line and begun making our next move up.
As you can see on the 4H timeframe we are in a upwards channel pattern which means there's a possibility of a pullback down to 1.15 region once the channel as played out - but first i'm expecting an upside move soon to the $1.8-$1.96 area. If price breaks through this resistance level, that's when we can see 2.4 and 2.8.
As you can see on the 4H timeframe we are in a upwards channel pattern which means there's a possibility of a pullback down to 1.15 region once the channel as played out - but first i'm expecting an upside move soon to the $1.8-$1.96 area. If price breaks through this resistance level, that's when we can see 2.4 and 2.8.
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