AschraM

XRP continues bullish but accumulates more buyers

Long
For everyone who has been following we have had a success with our runs so far. The market has been good to us and I expect to see a nice run to .50 cents this year. It may take awhile as we see adoption grow but Ripple hasn't had a bad month yet with selling XRP. XRP is an asset built to grow over time for stability. If Ripple ever closed down the ledger could keep running on xRapid. It is built for the people by the people for the world to link block chains with banking. I know it sounds totally off compared to how cryptocurrency is viewed but this is a very important step to adopting digital assets. I will go over some technical analysis that we see and fundamentals are added below! Thank you all for following and I hope you are enjoying the ideas!

Technicals:
Many double bottoms with yellow circles. False head n shoulder break low leading to more buyer accumulation of an extended right bullish descending channel that pinched into a triangle. Triangle breakout back up from .30 to then break out again and now we are looking for another leg up out of this channel into the right blue box making a right shoulder of this mini pattern.. Price can always range within the white trend lines until breakout or go straight up. Lets wait and see.

Bullish news

----------------------------
SBI CEO gives his opinion on XRP again
ambcrypto.com/xrp-no...ys-sbi-holdings-ceo/

News comes out about the recent bullish runs

ethereumworldnews.co...inues-above-20-gain/

Analysts don't see the run quite over yet
www.newsbtc.com/2019...but-not-likely-over/

2nd largest bank completes block chain tests
www.blockchain24.co/...es-blockchain-tests/

News on regulatory horizon for the EU
ripple.com/insights/...l-assets-in-the-e-u/

University expansion still happening. Many more to be added this year btw also
ripple.com/insights/...ith-11-new-partners/

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.