Welcome to this update-analysis about XRPUSD, we are looking at the 12-hour timeframe perspective. Since the origin-analysis, XRPUSD completed the main bull-flag-formation and has shown up with heavy bullish volatility on the local term as well as on the global term with XRPUSD recently moving into the projected target-zone within the upper-boundary from where pullbacks are likely nevertheless when XRPUSD manages to stabilize further in the structure above the 45- and 30-EMA as well as above the middle line of the channel this can lead to a setup that finally breaks out above the upper boundary and in this case, XRPUSD will continue with the wave-C-extension of the established major wave-count to the upside.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.