Based on my technical analysis XRP looks like it will be moving in a bullish direction. On Thursday it formed a double bottom reversal pattern then broke through bearish trendline. As of right now its bouncing off 61.8 fib level area ( also a s/r zone ) Im looking for it to break through the bearish trendline that was formed after it dropped down to retrace. TP from fib extension will have price reaching close to 0.50000
If you agree with my analysis please like or comment your input.
If you agree with my analysis please like or comment your input.