XRPUSD, Potential Flag-Formation, When This Completes!

Hi,

Welcome to this analysis about XRPUSD, we are looking at the 45-minute timeframe perspectives. XRPUSD on the more global scale has developed this massive bullish exaggeration movement to the upside breaking out above several resistances in a fast and swift manner. Now XRPUSD has established this main descending-channel-formation marked in my chart with the black boundaries, in this formation XRPUSD almost completed the wave-count and is now about to form the breakout above the boundary in the next times as it is seen, therefore it is necessary that XRPUSD rightly holds the structure sustainably and do not falls below support, when this happens XRPUSD will set-up for the continuation to the upside and wave-C-development.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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