Traders,
Here we have XRPUSD on the daily chart.
As Bernard Baruch once said, “show me the charts and I'll tell you the news.”
So what we actually have on the chart?
1- Breakout attempt of the consolidation of about 2 years.
2- Golden Cross on the daily
3- candles are closing above 89 ma for 2 weeks
4- Kissed the first tough resistance at 0.70:0.75$
5- Price going to face another tough resistance at 1$ and might retest the 70s again.
6- VOL above 1S facing nothing for real except a golden level at 5.5$
7 - Correlation of the ADA chart and XRP is perfect and 1.618 got broken on ADA
8- All these bullish signals should launch the XRP soon.
9- Like will be appreciated.
Regards,
Mohsen
Here we have XRPUSD on the daily chart.
As Bernard Baruch once said, “show me the charts and I'll tell you the news.”
So what we actually have on the chart?
1- Breakout attempt of the consolidation of about 2 years.
2- Golden Cross on the daily
3- candles are closing above 89 ma for 2 weeks
4- Kissed the first tough resistance at 0.70:0.75$
5- Price going to face another tough resistance at 1$ and might retest the 70s again.
6- VOL above 1S facing nothing for real except a golden level at 5.5$
7 - Correlation of the ADA chart and XRP is perfect and 1.618 got broken on ADA
8- All these bullish signals should launch the XRP soon.
9- Like will be appreciated.
Regards,
Mohsen
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Twitter: twitter.com/MoTradr