XRP - Ready for breakout?
Hi, this is my new update for XRP. Finally XRP is moving higher.
Right now XRP has a big resistance around 0.59 - 0.60 and at the same time we have also down trendline.
The good news is that we held the uptrend very well in the last 6 months and the price is getting very tight between the up trendline and down trendine. Since the market is very bullish now I expect that we are going to break the trendline and move much higher.
Once we break the resistance 0.60 the next stop is 0.71.
As long as we close daily candle above the 100 & 200 SMA things are very bullish for the next couple of weeks, so be patient good things take time.
Right now XRP has a big resistance around 0.59 - 0.60 and at the same time we have also down trendline.
The good news is that we held the uptrend very well in the last 6 months and the price is getting very tight between the up trendline and down trendine. Since the market is very bullish now I expect that we are going to break the trendline and move much higher.
Once we break the resistance 0.60 the next stop is 0.71.
As long as we close daily candle above the 100 & 200 SMA things are very bullish for the next couple of weeks, so be patient good things take time.
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