XRP
Long

XrpUsd- Could it test 1usd?

324
After the strong spike up back in mid-July, XrpUsd corrected and got back in the old accumulation zone and a new accumulation of 2 months followed.
The end of October and the start of November come with a break above the upper boundary of the accumulation zone and a rise to 0.75 zone followed.
The recent drop is clearly corrective in nature and formed a bullish flag (we ignore the spike from mid-November) and now Ripple's bulls are preparing for a new run.
A break above the flag's resistance would bring confirmation and we can expect a test of 1usd.
I'm bullish Xrp as long as the price stays above the 0.55 support zone.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.