That pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.
Yorum:
The orange 50ma is likely to help lift priceaction up there too considering it is likely to sustain the golden cross here.
Yorum:
First target hit already with exact wick precision!
Yorum:
You can see clearly how it has corrected after reaching that target thus forming the current wick.
Yorum:
Its not out of the question for priceaction to correct enough to retest the pink trendline or even the 50ma here on this pullback.