XRPUSD looks like its continuing it's uptrend! As you can see, a nice Bull Flag has been formed with Fib level 0.386 coming in to help out with support after recent drop to 0.5578. I expect a continuation of price action to the upside using Rule 7 Calculator levels of 0.7050, 0.7600, 0.8600 as my 3 targets. The pulse indicator is still firing to the upside with blue gamma confirmation. The general trend is up so continuation of bullish momentum is likely.
If XRP decides to break lower, I expect a retracement back to the 21 EMA & correlated Fib level of 0.236 @ 0.52 cents.
Have a great weekend everyone.
If XRP decides to break lower, I expect a retracement back to the 21 EMA & correlated Fib level of 0.236 @ 0.52 cents.
Have a great weekend everyone.
Thank you for being part of this great community!