Ripple continuing upward trend
XRP/USD is consolidating towards the red trendline.
I expect it to bounce up from the trendline within the time frame of roughly 24 hours.
Watch out for the current channel (purple) meeting the trendline and breaking out upwards with a solid bar, closing 30m above the channel. However, in my opinion, any buy between 1.05 and 1.10 USD even now should be fine. Just my idea, please do your own due diligence...
Target could be the 1.618 Fibonacci retracement around 1.50 USD.
I expect it to bounce up from the trendline within the time frame of roughly 24 hours.
Watch out for the current channel (purple) meeting the trendline and breaking out upwards with a solid bar, closing 30m above the channel. However, in my opinion, any buy between 1.05 and 1.10 USD even now should be fine. Just my idea, please do your own due diligence...
Target could be the 1.618 Fibonacci retracement around 1.50 USD.
Nota
Alright, adjustment: I think it will look more like this:Nota
Lesson learned: I did not see the channel...!Nota
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.