untoldanalysis

RIPPLE(XRP) - Long-term convergence breakout

Long
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BINANCE:XRPUSDT   XRP / TetherUS



* 1W

XRP broke through long-term convergence with the news of winning the lawsuit.


* 1D

XRP has broken through all the major resistance bands and has now reached strong pink box resistance, and adjustments have come.

Even with further adjustments, a rebound around $0.6949 is likely.

It is best to support the blue box part with the body of the candle.

It is important to check whether it is supported or not.

As a long-term convergence breakthrough has been made, it would be good to expect a significant rise this time.

Commento:

Rebound on support of $0.6949, hitting its first tp

17% profit

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