XRP / Bitcoin

XRPBTC chart working on a double bottom breakout.

Current weekly candle on the weekly xrpbtc chart is holding support right on the neckline of this double bottom pattern. If this candle closes and still maintains the neckline as support, and the follow up candle also maintains that support that should likely validate the breakout at that point. f so XRP should continue to make gains against bitcoin in the near future. *not financial advice*
Nota
If it loses the purple enckline as support the weekly 50ma (in orange) is what would anticipate maintaining support next
Nota
Definitely confirmed the breakout and has currently got within a half of a pp from t he full target.

Penafian

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