ShanghaiCrypto

XRP - plenty of room to move up

Long
KRAKEN:XRPUSD   XRP
XRP is struggling a bit with moving above its current price. We might see a mild pullback. However, on the daily, all signs are bullish. We've blown past the trendline resistance and the 50-day moving average. The next horizontal resistance is at .36-.37, leaving room for a big move up if we clear move past current levels.

This setup is invalid if we reject local resistance and drop past .31

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