XRP broke out after making a bullish pennant. Price is testing the .786 fibonacci level while the ADX is at 47 signalling a strong trend with D+ over D-
Looking for a break above the descending trend line to break out of the descending triangle (weekly).
20 EMA crossed over the 200 SMA and the 50 SMA is setting up for a golden cross.
Targeting .59 , .63, .78 short term
Looking for a break above the descending trend line to break out of the descending triangle (weekly).
20 EMA crossed over the 200 SMA and the 50 SMA is setting up for a golden cross.
Targeting .59 , .63, .78 short term