XRP Buy a Break Setup.
Ripple - Intraday - We look to Buy a break of 1.031 (stop at 1.008)
Posted a bullish Flag formation.
A break of 1.030 is needed to confirm the outlook.
A break of the recent high at 1.030 should result in a further move higher.
Short term bias is bullish.
We are trading at oversold extremes.
Trend line resistance is located at 1.020.
Our profit targets will be 1.098 and 1.118
Resistance: 1.030 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.960
Posted a bullish Flag formation.
A break of 1.030 is needed to confirm the outlook.
A break of the recent high at 1.030 should result in a further move higher.
Short term bias is bullish.
We are trading at oversold extremes.
Trend line resistance is located at 1.020.
Our profit targets will be 1.098 and 1.118
Resistance: 1.030 / 1.050 / 1.080
Support: 1.000 / 0.980 / 0.960
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