UnluckyCharts

XRP-BTC Symmetrical triangle Bullish exit likely

Long
BITTREX:XRPBTC   XRP / Bitcoin
Ripple has been in the low $1 range, and is due for a breakout. The banks have heavy stake in this coin, so I don't see it going lower than $1. I'm calling for $1.50 Ripple mid Feb, so get your hatemail ready.

It looks to me like a low-risk, high potential play going into early February. Despite my dislike for this particular coin, it has a large market cap, decent marketing, and even if it only returns to last week's levels it's a nice play.

Will try to update this chart moving forward, any comments are always welcome and appreciated!
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