The next target to watch on the upside is $0.28132, which is the target objective of the inverted head and shoulders pattern. If the bulls can sustain above this level, a rally to $0.31500 will be on the cards.
Our bullish view will be invalidated if the XRP/USD pair turns down from the current levels and breaks below $0.23250. The traders can trail the stops on the long positions to $0.23.
Our bullish view will be invalidated if the XRP/USD pair turns down from the current levels and breaks below $0.23250. The traders can trail the stops on the long positions to $0.23.