ShotaMegre
Long

XRP preparing for the breakout to $0.79-$1.12 price mark

BITSTAMP:XRPUSD   XRP / U.S. Dollar
#XRP
Ripple looks ready for the breakout we were waiting for so long.
The asset has been in the consolidation for over 200 days. That's pretty sufficient for significant move coming very soon.
I've noticed some hints as a volume spike right in the middle of the consolidation.
EW suggests an incoming pump to at least $0.79 price mark (very probably, we'll see $1.12).
The curved support shown on the image is being tested and I'm waiting for the price to return above the support area (around $0.34 area) as a confirmation of the upcoming rally.
The time indicator based on TD sequential and the period of consolidation marks the day X to be July 19 (not later than July 22).
Stop-loss level is no doubt to place at - $0.245.

Would you consider donating if you make a nice profit based on this TA?
XRP: address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag: 109785445
BTC 1BqxvXfpP4m14rm4kgRqrEafi3KCCS84pU
ETH 0x54fe66965cb59572a431fdb43d1ddff13caaaae4
LTC LhH7W1ZWsefmADhBdx3ekkpyBvYtpzU2ow
Jul 22
Comment: If the price is unable to break above $0.345 by the end of 23 July, the trading idea will be marked as failed.
Jul 24
Trade closed manually: Trading idea failed. Asset didn't breakout $0.345 level within the forecast ime frame.

Comments

This is what the Moon Boys, mean by XRP going to moon ? a dollar?
Reply
charvey63 WrightdaddyOG
@WrightdaddyOG, i guess it takes a grown up to understand the significance of gaining .70 on every .30 invested. your 1000$ in bitcoin will take YEARS to get the kind of gains 1000$ in xrp going 1$ will get. MAybe get a calculator
Reply
WrightdaddyOG charvey63
@charvey63, Very good one, You took it out of context, the "moonboys" act as if the EYO will be $589-$1000, not a $1, I already knew that BTC did not go .30 to 10k overnight. Thanks for your comment.
Reply
Great Set up.
Reply
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