XRP/USD long
Updated
We have been observing an uptrend since end of July when support was met at 0.50563. Then support at 0.85758 held and then another support formed at 1.02538. If today’s upward movement continues until the end of the day, we may see resistance at 1.29528 broken, thus starting a move forwards $1.7 area. This will cause the 50EMA to cross over 200EMA giving XRP good technical indication to move towards its ATH at $1.9. Then we may see $2.
Note
50EMA to crossed over 200EMA. Seems like $2 is achievable
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.