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Overview on XRP price path

Xrp/usdt has broke the first long downtrend, and continue it short-term up trend. Now, the price reach the upper line of second downward trendline. (This is observed from 1day timeframe). To confirm the break up or down, I switch to 4H timeframe . Price is hovering on the upper line of the downward trendline . If the price above the x trendline , price might continue its uptrend. If price break down ‘A’ trendline , it might continue the downward trend in the past.

This is my opinion. This is not financial advice.
Peace.

Note

price has closed above X trendline

Note

wait for price to retest trendline to continue upward move

Note

My next target 1.272 fib minimum

hariz505

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hariz505