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Technical analysis by RighteousTA about Symbol XRP: Buy recommendation (11/6/2023)

https://sahmeto.com/message/551603
RighteousTA
RighteousTA
Rank: 4767
1.7
Buy،Technical،RighteousTA

What a beautiful setup on XRP to the Dollar. It's hard not to ask the question, has this chart just been building up for this moment in time all along. We see a strong base with horizontal support for years now. around $0.18. Well we are also coming up on a strong resistance that has years of history as well, at $0.87. The horizontal resistance is lining up with the trend line drawn form the candle wick tops which put s us in a trending range that's soon coming too and end. Looking at XRP's history of insane moonshots it's not hard to conclude that we're potentially at the beginning of some serious price action.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.71472
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