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Does a Bullish mode is active for RIPPLE ?

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Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD.

What do you expect from Ripple ?

We have already described in the preceding charts the situation and perspective by XRP and now we will determine the buy levels.
According to the weekly chart, a lot can be said about this asset. For example: by a breakout of the key level(~$ 0.315), along with the MA, it is most likely to go to test the resistance line. If XRP break this resistance line, it will be a strong signal to start new Bull Run.

RSI is also rising at the intersection of the buy levels.
Accumulation area near $ 0.20-25
Target minimum by breakout this key level - $ 0.36

Share your thoughts, ideas about the market under the chart.

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

注释

12H chart