CryptoYodaChartin
Long

Ripple getting ready for upside breakout

POLONIEX:XRPBTC   Ripple / Bitcoin


I have been observing Ripple for a long time in regard of finding a sweet spot to enter for a longterm buy and hold. Right now 15 of the biggest Banks have entered the Ripple space and intend to create the future borderless payment system as a backend for the bank system. Recent positve news as 30 asian banks joining the consortium do further strengthen the already solid fundamentals. I recommend indepth research to anyone who is one the search for the next big thing, this will likely be it. Buying XRP below a cent will be a longterm involving low risk and maximal yield. Expecting upside price action after finishing the third wave of correction. this is an very eary entry in anticipation of an failed ii breakout to the upside in supportive context, and a sharp reversal upwards in order to break the triangle and confirm the previous breakout on huge volume .

This is free information based on my experience in the markets. Do not take information as granted, this is trading, so beware.

Trade Safely


Comment: Daily ii pattern triggered down, then quickly reverses back up, stopping out bearish traders at one tick above the ii pattern. Expect two legs up from here
Comment: Coinmarketcap shows $895,043,843 MarketCap for Ripple and a price of $0.025230 per XRP, which is a huge increase. However prices remain around $ 0.008 for now. There seems to be massiv interest in accumulation of XRP, breaking the level of 1392 may result in a massive spike upwards.

Important to note as well:

Number of Accounts opened spiked yesterday night to all time highs.
https://charts.ripple.com/#/accounts

If you consider taking a position dont wait too long
We just broke the downtrend resistance! congrats! I hope you are right for the rest of your prediction
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