XRP is fighting hard to break the trend, but will it succeed?

XRPEUR is challenging the current trend wave ever since last week. If it breaks the trend in the next 12 hours, €1,23 is in sight. Otherwise it could keep falling along the trendline to potentially €0,82 by the end of this month.

As it also didn't succeed in breaking out at the end of the triangle I think it is very likely that it will continue falling.

Yorum:

As of this morning XRP is about to break it's 3 week bearish trend. On my 4 hour chart it's already above the trendline, and looking at a resistance of 1.02. If it breaks the Fib retracement at this level it could go up to 1,05.

So, looking good for now!