XRP USD : Long

22 thg 10, 2020

XRP chart has completed an inverse head and shoulder pattern and broken out of it on daily time frame. Inverse head and shoulder breakout is generally a very strong indicator. It should head up towards 0.28/0.3 and 0.32. Breaking below 0.24 would bring the bears back in control and we can see a pull back towards 0.22.
It would be a good idea to start accumulating XRP for holding for a long term if we see a dip towards 0.24.