Ripple is currently teasing a bull breakout.
Since then XRPBTC broken down of the Weekly 21 EMA it is in a strong downtrend which is currently consolidating. But it has the advantage of Bullish divergence in both RSI and MACD.
In a monthly chart that same EMA goes as 5 Month EMA.
once this resistance is broken we would see xrpbtc skyrocket. XRPUSD is already trending on a Monthly Chart and teasing a close above 50 Weekly MA.
Entering on a confirmation close above the Moving averages for the Targets Mentioned.
Trade with caution as xrp has risen more than 20% from support and stop loss is at much lower price.
Since then XRPBTC broken down of the Weekly 21 EMA it is in a strong downtrend which is currently consolidating. But it has the advantage of Bullish divergence in both RSI and MACD.
In a monthly chart that same EMA goes as 5 Month EMA.
once this resistance is broken we would see xrpbtc skyrocket. XRPUSD is already trending on a Monthly Chart and teasing a close above 50 Weekly MA.
Entering on a confirmation close above the Moving averages for the Targets Mentioned.
Trade with caution as xrp has risen more than 20% from support and stop loss is at much lower price.