Long
XRP breaking out
Looking for XRP to breakout to the upside from this sideways consolidation.
Note
We didn't see a solid close above resistance or follow-through on this trade so closed manually. Now we are looking at an ABC correction and retest of the trendline. Will await further confirmation of direction. Note
Price has retested the trendline and rallied to form a complete ABC, although prices have been rejected again at 0.3869. Failure to break this level could see a fall to the the lower fibs 0.5, 0.618 and below. If price can close above I'm expected a rally to the top of the channel. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.