XRP could break out during the next few hours. MACD showed oversold during last lower low and now is showing a reversal. This could mean that the correction could be over.
If Ripple can break quickly the 2.00 USD local resistence, it can head toward the upper trend line of the triangle and if it will have the required volume could break it during the next few hours. The alternative scenario is that it might need a last lower low before start rising again.
If Ripple can break quickly the 2.00 USD local resistence, it can head toward the upper trend line of the triangle and if it will have the required volume could break it during the next few hours. The alternative scenario is that it might need a last lower low before start rising again.
Trade active:
Ripple needed a last lower low, but the explosion has started as expected.
Now lets see how high Ripple can go
Now lets see how high Ripple can go