
Crypto ( SOL, XRP , ICP ) Daily Outlook for 20.11.2023
XrpUsd- Text of 1usd next?
After the strong spike up back in mid-July, XrpUsd corrected and got back in the old accumulation zone and a new accumulation of 2 months followed.
The end of October and the start of November come with a break above the upper boundary of the accumulation zone and a rise to 0.75 zone followed.
The recent drop is clearly corrective in nature and formed a bullish flag (we ignore the spike from mid-November) and now Ripple’s bulls are preparing for a new run.
A break above the flag’s resistance would bring confirmation and we can expect a test of 1usd.
I’m bullish Xrp as long as the price stays above the 0.55 support zone.

ICP at an important crossroads
After the low under 3usd back in September, ICP started to rise by more than 50%.
At this moment, the coin is at an important crossroads, a level that acted as support and resistance for more than 15 months.
Is it important to see if ICPUSDT could break above and more importantly if it could stay above.
Such a break is strongly bullish and the coin could rise to 7.5-8usd zone resistance

Solana- Next obvious target is 80
In the past two months, I have twice drawn attention to Solana and advised traders to pay close attention to it. The first instance was in September, when a falling wedge pattern was unfolding and seemed ready for an upward breakout. The second was after the breakout and a correction back to 20. Since the end of this second correction, Solana (SOLD/USDT) has surged, exceeding my initial target of 40 by more than 300% from the bottom to the top of this upward leg.
This leads to an obvious question: Does Solana have more potential for growth? I believe the answer is YES, and my next target is 80. Technically speaking, after breaking out of a small triangle and experiencing the last upward leg, Solana began to correct, but dips are being actively bought. I will remain bullish as long as the price stays above the 45-50 zone. I’m looking to buy within this range, aiming for a favorable risk-reward ratio with 80 as the target.

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