CaptainCanuck

XRP/USD - Weekly Chart Trend Reversal Finally - Long

Long
Wait for the weekly to close on Sept 15th, 2019 and if we get a white MACD like we are seeing here and an upwards pointing Stoch RSI it will most likely spell a trend reversal for XRP to upward of the 37 cent range. Also, the RSI is starting to bounce at the same point we did last year as highlighted. Though 37 cents is nothing compared to what it was before it is still a 40% gain on a long from 26 cents and worth the risk to reward ratio on a trade setup. I personally believe XRP's bottom is in pending Bitcoin plunging, which could pull the market with it. For HODL'ers it could be a great time to accumulate and continue cost averaging. I also linked two other ideas below that I highly recommend checking out. Wait for confirmation. Cheers.

Any thoughts?
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