XRP/USD we might break downtrend resistance for good!

The two possible scenarios are self explanatory as you can see in the chart.

I personally believe the uptrend will be sustained by the bulls. As many have commented, the weak hands are gone and whoever is still holding after the bear market will stay for the good days too.

I am looking at XRP breaking downtrend resistance and closing above the previous high to confirm the new trend. The mid term target is .31 but correction will be expected before climbing further up the ladder.

Please have a look at the charts and leave a comment sharing your thoughts on this trade.

Hope you have a great day/night.

All the best!