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Alqasim
Dec 31, 2017 6:13 PM

XRPUSD - bullish signs building up 

Ripple / U. S. DollarKraken

Description

Right now XRP seems to be building up 3 trends that indicate possible upwards movement.

- Our long term dynamic support line seems to be holding steady and well
- Triangle forming and diverging towards the tip = watch for breakouts
- overall flag pole trend

Analyze your exchange and make your decisions accordingly, 5/XRP sure doesn't seem impossible now.

Comment

We're getting closer and closer to the tip of triangle. I imagine before end of tomorrow we will have another break out.

Comment

Watch support line break closely. We need to close the current 1hr candle over 1.89

Comment

Watch XRP closely, once we break through 2.26 - we're going all the way to 2.60 roughly. If 2.6 is surpassed, we're looking at $3.
Comments
ptoth25
This reminds me of our current scenario. The run is delayed a couple days after it is expected...
Alqasim
@ptoth25, I think we will be waiting another day or 2 before we break out :) Indicators still showing we're not ready to blast off
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