Ripple has started its bullish journey. It will continue its move up further after fueling itself at the support level. XRP is a very strong token we continue to trade and keep on adding to our stacks. The price of our buys is at 0.5400. Market has formed higher highs and higher lows and we continue to see another bullish impulse towards the higher high.

The descending trendline has formed and is due for a breakout buy which will give us a further confirmation for the mark up.

The retracement level of 75% is in confluence with the support level.

EMA 50 is bullish now and might take the confluence at the support level.

RSI is at 49. It needs to tap above the RSI 50 after the breakout buy and the retest, to continue marking up towards the over bought region.

Ripple buys from 0.5400

Oct 29 2023