{"id":58629,"date":"2019-12-04T07:36:14","date_gmt":"2019-12-04T05:36:14","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=58629"},"modified":"2019-12-04T07:36:14","modified_gmt":"2019-12-04T05:36:14","slug":"xrp-to-bitcoin-pair-printing-positive-signs-will-price-head-higher","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrp-to-bitcoin-pair-printing-positive-signs-will-price-head-higher\/","title":{"rendered":"XRP to Bitcoin Pair Printing Positive Signs; Will Price Head Higher?"},"content":{"rendered":"

XRP Readies to Rally Against Bitcoin<\/strong><\/h2>\n

According to a recent analysis<\/a> by Micha\u00ebl van de Poppe<\/a>, a contributor to CoinTelegraph and a trader at the Amsterdam Stock Exchange, XRP’s pair against Bitcoin is printing some rather strong signs: the below two-day chart has seen the pair remain above “vital support,” which has provided support and resistance for over four years and is “a level to watch closely.” The analyst added that the price has “broken out\u00a0of a massive falling wedge construction and marked bullish divergences alongside it, which is often seen as a sign of a trend reversal.”<\/p>\n

\"XRP<\/p>\n

It isn’t only Michael who is observing bullish signs. Per previous reports from Ethereum World News<\/a>, trader CryptoKaleo, who earlier this year was touting a price fractal analysis that was eerily accurate for days on end, noted<\/a>\u00a0that the XRP\/BTC pair is on the verge of seeing a strong breakout. More specifically, a downtrend resistance line that has suppressed the pair for nearly two years is about to break to the upside.<\/p>\n

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Long $XRP<\/a>, make easy $BTC<\/a>. pic.twitter.com\/tQVDhRKko5<\/a><\/p>\n

— K A L E O (@CryptoKaleo) November 30, 2019<\/a><\/p><\/blockquote>\n