XRP-USD state for 4th April, 10:53 GMT+2: Second target 0.55 USD is achieved, what to expect next?

As you can see on the chart the price is still moving inside upward channel, I think we at the end of wave 2 and next target will be at 0.61 USD and final point - 0.67. From there I expect correction.

0.61 is clearly visible on daily chart:

it is middle line of Bollinger indicator and 0,67 area is the target of the broken falling wedge:

The alternate, bearish, scenario will happen if bears will be able to break this upward channel, in this case we will have a bit extended 2nd correction wave but the targets will be the same


Have a nice profit!

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now