Moshin_GW

XRP/USD Triangular cross-holding end!? Expected to rise

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XRP has been with us since September 17, and we are in the situation of forming a triangle pattern in it, and we are accumulating considerable power.
It will be a big deal to see if the market will break out of the ¢ 25.7 line from next week.

Looking at it in 4 hours, it is located in the middle range with a triangular shape, but it is easy to be supported by 50ma and 100ma. In addition, there is a horizontal line of ¢ 24.5 just below that, so there is a sense of security regarding the lower price.

On October 22, it broke through ¢ 25.7, but it did not last long and plummeted, and 100ma supported it there. Even with such a plunge, the lows have not been devalued, so we believe it is highly likely that we will take on the challenge of cross-shareholding breaks.

CME's SQ is coming up next weekend, and the market may move significantly.
If you make a strategy and compete, XRP may have a big catch.

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