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XRPUSD Price Action is bout to break the 3Y Symmetric Triangle

Giá lên
The XRPUSD weekly chart is clearly showing that we are about to break the 3 years long symmetric triangle. Also, the price action is one more time within the ascending channel and it remains above the 50 weeks simple moving average which is a very bullish sign. We are nearly at the end of the 3 years long symmetric triangle (in white lines). If it breaks this triangle, the XRPUSD price action might be targeting at least 0.6 - 1.0 dollars in the next few weeks.

I personally think that the XRP price action has never been so bullish in the last 3 years. This is occurring a few weeks before the flare token airdrop as well as other important events coming in November and December 2020. This is non financial advice and remember that this is only for informational purposes.

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