XRP looking confident above the top trendline

9 dic 2023

That pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.

9 dic 2023

Nota

The orange 50ma is likely to help lift priceaction up there too considering it is likely to sustain the golden cross here.

9 dic 2023

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First target hit already with exact wick precision!

9 dic 2023

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You can see clearly how it has corrected after reaching that target thus forming the current wick.

10 dic 2023

Nota

Its not out of the question for priceaction to correct enough to retest the pink trendline or even the 50ma here on this pullback.