Xrp poking above top trendline of channel. Target $1.85

12 sie 2021

This will take price to $1.85 but only if price action can solidify the top trendline of this channel as solidified support. As for now I’m not sold on the notion that is support yet. Need to see either a huge volume surge or possibly 1 or 2 weekly candles close above the top trendline to solidify the support first. It looks good but since there’s always a possibility of it dumping back into the channel I will be awaiting more confirmation candles first and leaving this idea neutral even though I am currently leaning more to the bullish outcome. *not financial advice*

14 sie 2021

Komentarz

Very encouraging daily candle close just a few hours ago. This should hopefully help solidify the top trendline of the channel as support and lead to a confirmed breakout soon enough.