Hello traders, follow and like if the analysis is useful for you.
From the beginning of september it seems that XRP found a good uptrend channel to move up and down close to $.25.
Today this channel has been broken twice giving the impression that the power of buyers is increasing, and prices could be ready for a new good uptrend.
Volatility is not high so small movements in the next days are likely, but soon the first target at $0,3 will be reached.
Only a big drop breaking the main green trendline could change our view.
Good trading!
From the beginning of september it seems that XRP found a good uptrend channel to move up and down close to $.25.
Today this channel has been broken twice giving the impression that the power of buyers is increasing, and prices could be ready for a new good uptrend.
Volatility is not high so small movements in the next days are likely, but soon the first target at $0,3 will be reached.
Only a big drop breaking the main green trendline could change our view.
Good trading!
Trade closed: target reached