XRP USD : Long

22 באוק׳ 2020

XRP chart has completed an inverse head and shoulder pattern and broken out of it on daily time frame. Inverse head and shoulder breakout is generally a very strong indicator. It should head up towards 0.28/0.3 and 0.32. Breaking below 0.24 would bring the bears back in control and we can see a pull back towards 0.22.
It would be a good idea to start accumulating XRP for holding for a long term if we see a dip towards 0.24.