kyer
Long

XRP|USD - About to Break Above $0.33

BITSTAMP:XRPUSD   XRP / U.S. Dollar
XRP broke the 'Great Wall of Resistance' that i've been saying like a broken record on the 12th, then retested the top of that level the following day.

XRP is looking beyond bullish and I do not recommend shorting, bears are about to get rekt.

Once XRP breaks above this $0.33 level it's sunny skies and smooth sailing all the way up to $0.40 and beyond. Little to no resistance between those levels, it's about to rocketship.

As always please do your own research, I am not a financial advisor.
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Comments

On the other side to you this time mate...
+1 Reply
NoobOfTheMonth ridethepig
@ridethepig, I too thought about a H&S, or a cup & handle formation. nice (last?) buy opportunities.
Reply
kyer ridethepig
@ridethepig nice analysis, I can see that chart playing out if btc sinks
Reply
Another retest. It's awesome how the horizpontal support/resistance lines work out sometimes. Hopefully not to much retests, then maybe break down.
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kyer NoobOfTheMonth
@NoobOfTheMonth it really is amazing how these charts play out, XRP just closed over 0.33 resistance so that resistance is now a newly found support. Can’t wait to see where we go from here
+1 Reply
@kyer, ... right back to the Buy Zone you think will be the retrace swing ;)
Reply
NoobOfTheMonth NoobOfTheMonth
sorry, I meant to refer to the below chart of @ridethepig
That hopefully plays out.
Reply
Ohhhh..waiting thank you
Reply
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