XRP has been in consolidation for over a week and has been testing that downward sloping resistance line time and time again ready to pop. The more times a resistance/support line has been tested, the more likely it will break. I am BULLISH on XRP. In the opposite scenario, if we fall below the support line given, I think we can see a longer and drawn out correction towards our weekly support at 75-80c to retest the resistance that has held us down for years to turn it into support. That range would also be an excellent long opportunity!
Happy trading folks! remember keep it simple!
Happy trading folks! remember keep it simple!