Persistence (XPRT) is under heavy accumulation for an extended amount of time. It is now being listed on Huobi which may now enable some more liquidity and attraction to the project. Price action is tradind right below the S/R zone; so if it breaks and retests that zone, we might possible see much more upside.
XPRT (Persistence) is moving inside a symmetrical triangle on a daily chart. If Bitcoin cooperates these zones might create buying opportunities for those interested.
XPRT (Persistence) is trying move above 200 SMA on both 4HR and on DAILY. Usually if the price action is supressed by 200 SMA for a long period of time, it ends up with an explosive move upside.
Looking at the continued correction in XPRT against the demonstrable strength in BTC and feel we have seen the bottom of this Wave 4 yesterday with the completion of a 3-3-5 Elliott Wave correction. Given the nature of XRP to lag BTC moves, can we expect the tide has turned for XPRT and that it will shortly rally strongly to reclaim its September highs?
