RIPPLE (XRP/USD) - Inverted Head and Shoulders!

업데이트됨

Currently, Ripple' makes a breakout from the bullish pattern called "Inverted Head & Shoulders"
If we can break the neckline $0.285 then our next resistance would be the round number at $0.3.
Over the weekend Ripple' breaks above the trendline, which is pulled from the 04.07. It got a bounce after we touched the trendline let's call this a retest. The retest bounce is supported by chart pattern what we mentioned above and currently looks very promising.
It trades above the 50EMA and now over the 100EMA, it's a very positive sign considering the current market situation where we can see a selling pressure.
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Hopefully, those levels and this analysis helped You out a little bit to confirm Your own analysis!
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노트

Woww...and it's flying, all is happening very quickly! Now, we are already in the resistance area at $0.3 and 20 min to go to get a 4h candle close above the round number. If we get a close above the round number then it could be mean that we got another leg upwards!

노트

Let's see what the current market situation want's to offer us but if we manage to break through from the current area then we have almost 30% free movement upwards, no significant resistance levels before the next round number $0.4, only different timeframes EMA's!
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