Technical analysis by TheMoneySpark about Symbol XRP: Buy recommendation (7/16/2023)

XRP Should consolidate and pump to target It is currently facing the horizontal resistance on 1W TF. It is looking strong after the breakout of the symmetrical triangle and the ascending triangle. It will follow the bullish path after the breakout of the weekly horizontal resistance. If it takes some correction then the lower marked horizontal support is a decent zone to accumulate. A mere possibility for it to touch on the lowest is 0.51 but with the news and the accumulation it has lesser changes to do so. The target remains same 1.20-1.33 as the target for XRP>