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RJDTC
Jun 23, 2017 11:49 AM

XRP/BTC Cup and handle forming? Possible bullish continuation  Long

XRP / BitcoinPoloniex

Description

26/06/2017 Ripple will be attending Money 20/20 Europe
Money 20/20 would be a great event to do public announcements as it reaches a broad range of people aswell as mainstream media.

Evan Schwartz (Managing Director of Ripple) will be speaking.

Topic:
Interledger enables payments and micropayments across blockchains and other types of ledgers. It is an internetworking protocol for money and other assets that abstracts the differences between ledgers and allows payments to be securely routed through untrusted connectors. Interledger is being used to connect blockchains, send multi-currency micropayments, and upgrade bank-to-bank transfers. The presentation will include live Interledger micropayments and an explanation of how you can connect to the Interledger.

Source
meetup.com/de-DE/Blockchain-Meetup-Geneva/events/240388310/

I think XRP's price will go up in anticipation of good news forming the second part of the Cup and handle.
I predict that the Handle will be formed by to much hype before Money 20/20 .

If good news is published we can see a bullish continuation after the 26th

Trade active

going :)

Comment

Don't worry about a few setbacks tho! buy on the dips. Ripple has to respect the parabolic line.

Comment

Maybe I am forcing/wanting this to much but seems like the cup and handle formed lower. We should see a rise in the next couple of hours followed by bullish continuation, lets see how it plays out

tradingview.com/chart/OXZd3ZGh/
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