Trade 621 XRPUSD
Entry point 1.08915 on Oct 8.
Reasons: Broke past $0.98. That level was marked by the 200-day Simple Moving Average, it acted as a launching platform for the retest of the green ascending trend line on the topside. XRP price can extend the uptrend by popping back above the green ascending trend line, on track for $1.42.
Expect bulls to have enough steam to target $1.76 in their uptrend.
Reasons: Broke past $0.98. That level was marked by the 200-day Simple Moving Average, it acted as a launching platform for the retest of the green ascending trend line on the topside. XRP price can extend the uptrend by popping back above the green ascending trend line, on track for $1.42.
Expect bulls to have enough steam to target $1.76 in their uptrend.
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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.