XRP NEAR TERM TARGET
XRP's recent has been showing channel support that coincides with the 200 SMA. Looks like a good position to enter for the potential rise in ascending channel.
Currently, at the bottom of the channel, we are also at the consolidation point on the pennant pattern, this is suggestive of an incoming breakout.
Green Box is near term breakout target. Red box is stop zone. Yellow doted line is a prior support level.
Currently, at the bottom of the channel, we are also at the consolidation point on the pennant pattern, this is suggestive of an incoming breakout.
Green Box is near term breakout target. Red box is stop zone. Yellow doted line is a prior support level.
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