petzergling

XRP Long - Insane Volume Spike & Kumo Twist

Long
POLONIEX:XRPBTC   XRP / Bitcoin
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13
Looks like after its slumber the XRP beast has awoken again with an insane volume spike to the upside right at the Kumo twist. If this is actually a wave 3 jump at this level then I think the potential upside could be massive. I put in a position around 2860 with a tight stop, it was an impulse buy but sometimes with these things you have to act fast so I went with it. Targeting 3500 for my take profit and will re-evaluate then if it makes it there.

Comments

Looks very strong. Nice sideways action, now breakout on higher volume. Key fundamental news as well

Swift exec Marjan Delatinne defects to Ripple

https://www.americanbanker.com/news/swift-exec-marjan-delatinne-defects-to-ripple
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