xtremerider8

XRP holds 0.50; is 0.60 & 0.75 next or a 0.33 retest first?

Largo
This is an update from my Sept 17 post when XRP starts momentum with a 5% rise. Since then, XRP broke
out of a wedge after continuously holding 0.33 buy zone & the pandemic trendline & overshot the 0.50 psychological level. Holding 0.50 for the next few weeks will give XRP a chance to breakout of the downchannel & target 0.60, 0,75 or even 0.90.
BEARISH CASE: failing 0.33 & the pandemic trendline may see another 30% drop to 0.22 although very unlikely after such show of recent strength.
Not trading advice

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