Bullish Megaphone on Ripple? Short

XRP / U.S. dollarBitstamp

Description

⋅ Jan 5, 2018 3:11 AM

Looks like a Broadening Descending Wedge has taken hold now that Coinbase 'claims' they are not adding XRP.

Also looks like potential support at 2.65. Will it break this support and head back to the $1.00 range?

Comment

⋅ Jan 5, 2018 3:28 AM

Similar on XRPBTC

Comment

⋅ Jan 5, 2018 3:57 AM

Sorry.. .meant "Bearish"

Comment

⋅ Jan 5, 2018 6:52 AM

Looks like support is holding and it's peeked out of the top of the megaphone.

Slow trend back upward?

Chart Patterns Wedge

Comments

NomeSobrenome

⋅ Jan 5, 2018 3:23 AM

The claim wasn't already debunked?

mcmurphy510

⋅ Jan 5, 2018 3:58 AM

@NomeSobrenome, idk... did someone post something contrary to this?

I'm new to this, so I'll defer to someone with more insight than myself.