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XRP

6 year old trendline is broken - Target between 1 - 1.30

740
We are moving for about a year sideways now and we finally broke the 6 year old downward trendline.

The first arget will be around 1 dollar with a strong resistance, afterwards we can push towards 1.30.

The SEC won't and can't stop this.

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The XRPBTC chart is almost back at a major buy zone.

Maybe one more drop in this zone and we move back up.
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The BTC dominance chart will get one more push into resistance and this it's time for ALTS
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It's seems that we have huge volatility before the end of the year.
The apex of the triangle formation is coming to a end.

There is no volume and we are building up for a big spike.
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By the look of the XRPBTC chart we can see that BTC will soon print a local top and XRP will do some catch up.

I believe it will be a green week for XRP.
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If we look at the XRPBTC chart we are having a big opportunity here at the major demand zone. It's possible to drop a bit further but the risk to reward here is very good.
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CryptoColugo
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Chart PatternsTechnical IndicatorsTrend Analysis
CryptoColugo
CHECK IT OUT 😎
⬇️⬇️⬇️

youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.