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XRPUSD Inverse Head and Shoulders, wicks point up

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
You might think the bull is over before it even began but the weekly tells a different story.

Very clear inverse head and shoulders , the cup and handle on the daily making up the head and right shoulder.

Wicks point to an upward trend. Reversal happened already at 17c.

The incredible bearishness on XRP is unfounded, as one of the only coins with continually improving fundamentals since the last bullrun it is now significantly undervalued with respect to the rest of the market. All signs point to a very large upward spike in the near future.

Previous idea in this series was here:

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