MagicPoopCannon has set a bullish flag on its daily XRP / USDT chart. If the bullish flag moves up, XRP could rise to $ 1.20.
Bitcoin highlighted the speed of all crypto markets and set the only logical direction for XRP. MagicPoopCannon, senior Bitcoin and crypto analyst, updated XRP’s remittance coin analysis. According to Magic, a bull printed a flag on the daily chart. Unwinding of the bullish flag to the upper side could raise XRP to $ 1.20.
XRP Must Break $ 1 To Reach $ 1.20
There are several resistance zones ahead of XRP’s journey to $ 1.20, around $ 0.80, $ 0.92 and $ 1.
Popular market analyst Will Meade emphasized on Twitter that XRP is likely to rise to $ 1 as soon as Bitcoin makes the next move.
Magic also warned XRP traders and investors to track the price of the cryptocurrency giant in case any sudden Bitcoin movement could occur.
Disclaimer: What is written here is not an investment advice. Crypto money investments are high-risk investments. Each investment decision is under the responsibility of the individuals. Coinfinans and the author of this content cannot be held responsible for personal investment decisions.