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XRP Daily Analysis(October 20, 2020) Price -0.2476

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Support on 0.238 level was respected and continue to create the ascending triangle formation leading its price to move again to its resistance of 0.26 level. If buyers and institution will start to come in and will start to buy XRP, a convincing break on this resistance will surely lead us to next resistance of 0.28 level. With MACD showing a crossover on a positive side, it reinforce the possibility that it will break the 0.26 level. Again, let us focus on the resistance because a failure to break it will mean more downside for XRP. But having the chance to break the said resistance, it will give us more upside and hope to see more bullish pattern for the XRP. This week is a very important week because all signs are up for our crypto. Again, just my idea and not a financial advise.

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