XRP
Long
Updated

Ripple: Continuation Triangle?

2 467
While everything has been taking a beating. Ripple hasn't. It's remained strong and price hasn't gone down. Because of this, this leads me to believe that the present possibility of a continuation triangle is rather high. We won't get any action till everything has calmed down, but we are poised to go to $1, if not $3 or more if we get a really large bull run.

I went long at 33 cents. Added around 50 cents. Holding.

Good luck,

-Sherem
Note
Previous analysis:
Ripple, targeting 60 cents and beyond


Where I called 33 cent entry point:
Ripple bounce off the weekly TL, look for the 45-50 cent area
Note
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