MichaelBlach

XRP on the rise

MichaelBlach Updated   
KRAKEN:XRPUSD   XRP
I posted a chart earlier about XRP breaking the downtrend it was on. Since then we have had a golden cross between the MA's and a consolidation period followed by bullish confirmation in the blue box. (We also are hitting some support at this 0.26 level.) This gap-up post consolidation is a strong indicator of an uptrend to come and on top of the fact that we just had that golden cross. I think XRP will rise a lot this week.
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Beautiful rise!
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Saw some nice gains today. We are seeing some dips that look like they are entering consolidation period, but we'll see how they develop.
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Tested some resistannce on the Gann Line, now coming down for some potential support at the 2/1
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Please like and follow if this helps you!
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XRP hitting support at 0.25, time to bounce back?

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