XRP bulls at 0.80,bears at 0.85; watch ascending triangle for BO
XRP / Dollar BITFINEX:XRPUSD
As I have posted several times before, 0.85 is the do-or-die point. Heavy fighting now at 0.80 to 0.85 battlezone as bulls BO 0.85 but failed to retain position & went back to 0.80. There will be another attempt.
Overall, I’m still bullish coz XRP already BO of a falling wedge . It held dma20 & dma 50 so far.
See the ascending triangle? XRP has to BO from this for a clear direction, the rest is just noise.
0.70 has to hold to remain bullish .
BO of triangle will see the next TP levels at 1.07, 1.20 & 1.4.
Not trading advice
