ViktorC

XRP/BTC - Up it goes?

BITSTAMP:XRPBTC   XRP / Bitcoin
In my opinion the current Ripple price, for the coin it is, is way too high. However since the crypto-craze is real at the moment and Ripple tweeted this: twitter.com/Ripple/s.../949131179797626880, I wouldn't be too amazed if another bull run starts soon.
A small triangle broke upwards (orange lines), let's see if resistance @ 18000 gets broken. If not, then watch out for the possible head and shoulders (I projected the possible neckline in red). However this in itself may not mean anything since Ripple has been so bullish the last month.
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