Looks like XRP/USD breaks finally out! Goal next fib level/resistance at 1.25!
Disclaimer: I am new in trading, conserving my ideas here for later reference. I appreciate your constructive feedback! Looks like the declining resistance line was broken and a upwards channel is forming. MACD also shows positive uptrend. I still observe BTC/USD, obviously most other pospular altcoins are linked to it, including XRP. If it goes up, I expect...
I expect XRP testing major support/fib retracement around 0.85 and then bouncing back up to 1.25 resistance/fib retracement.
Looks like a short term breakout/rise to the next fib level around 1.3
There is a pennant forming, reaching its tip around Chrismas time. Then up to the next fib level bounce back and then to the moon. So I hold. Let's see...! Disclaimer: Thia is just a beginners idea, make your own conclusion and give me some feedback ;)
I entered this position with 0.734 at the end of a 2-day wedge. Still believe XRP is undervalued and about to rise soon.
Disclaimer: I am quite new to this, but try my best to share my findings. Still learning, feedback most welcome! After a small breakout today at around 4:00 UTC it looks like YYW/USD will continue rising. We have a rising trendline and a previous resistance meeting soon and it might be a point of stronger upwards trend.