datsuntran

More upside soon?

KRAKEN:XRPUSD   Ripple
The 50MA is well above the 200MA on the 2HR chart and still moving within the ascending channel in this converging triangle. There was an attempt to break through the .53 resistance but was rejected. There's also an upside cross on the Intelligent Moving Average so we may see another attempt to break through the resistance again very soon. Should be no later than November 17th. Things are happening either way as the sentiment has generally turned positive.
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