XRPUSD bullish bias

22 thg 7, 2022

From a technical perspective, price made a bullish impulse with good momentum from 0.34200 to 0.89300 breaking resistance at 0.36000. On the retest of the broken structure, price was rejected between the 61.8 and 78.6% of the fib and also a formation of a double bottom has just been created. From here we can look for our entry to buy on the smaller TF with TP at 0.40000.