Ripple is making its way out of a long-term descending channel
Diupdate
XRP price is getting in a bullish zone against US Dollar and Bitcoin pair. XRP/USD could advance above the $0.33 level if buyers remain in control. Price also crossed 100 SMA which gave some more fuel to bullish momentum.
XRP formed low at the $0.25 level, double test it and reversed to the upside. The best thing in reversal was clear close above the $0.30 level. We are now in the second green daily candle which indicates this bull run has some more fuel to go.
XRP performed many crazy bull runs before, so keep in mind we are not out of the bear trend yet, but things are getting interesting at these levels, especially as Ripple officials yesterday indicated that xRapid could come to live soon.
XRP formed low at the $0.25 level, double test it and reversed to the upside. The best thing in reversal was clear close above the $0.30 level. We are now in the second green daily candle which indicates this bull run has some more fuel to go.
XRP performed many crazy bull runs before, so keep in mind we are not out of the bear trend yet, but things are getting interesting at these levels, especially as Ripple officials yesterday indicated that xRapid could come to live soon.
Catatan
Nice move, hope you captured the whole jump, its not over yet, I strongly believe XRP has a lot further to go.Trading ditutup: target tercapai
$0.55 reached.Take profit, enter lower again.
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