zmassey
Long

Inverted xrp chart + Golden cross = very juicy

BITFINEX:XRPUSD   XRP / U.S. Dollar
Inverting the xrp chart in conjunction with the impending 100 MVA crossing the 200 MVA (Golden Cross) looks extremely scrumptious. I think we're in for some unfathomable price movements to the upside but if we keep it conservative the 0.5 FIB retracement would land us in a $1.70-$2.00 range. This would also get XRP into a suitable btc/xrp ratio based on historical averages, considering the gains bitcoin and the rest of the market has had these past 3 months in comparison to the lack of gains XRP has had. We should already be above $1 based on the gains that the majority of the crypto market has had thus far, but of course XRP is extremely suppressed probably because institutions and enterprise payment solutions are trying to accumulate it on the cheap.
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