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Simple_Renko
Dec 2, 2017 11:50 PM

XRP Classic Flag Pattern Long

XRP / U.S. dollarBitstamp

Description

XRP is a pioneer of its own as one of the first, if not *the* first centralized crypto-currency. Here we have a classic flag pattern here and it looks like XRP is likely to breakout shortly. BTC futures opening in mid-late December, so we'll have to see what kind of impact that has on the crypto market. I would like to see capital flow from a popping BTC bubble and into cheaper cryptos at bargain prices with room to run to the upside. This WILL take time to develop, but XRP is so cheap right now, it's much easier to buy and hold a nice little collection of these coins. Get yourself a hardware wallet!
Comments
cyberholz
It will take time to develop you write... breakout could happen anytime... or in February when the flag closes...?
Simple_Renko
@cyberholz, Hey Cyber, the "it" that I was referring to in the idea comment, the thing that I believe will take some time to develop, is not the completion of the flag formation, but rather the "capital shift" that I want to see happen. Sorry for any confusion. In short, I'm expecting BTC to eventually pop and I am asking the question, "Where is that money going to go?" I would like to see it flow into other cryptos like LTC, ETH, XRP and so on. I hope that helps!

As for the flag pattern, I would love to see XRP pop to the upside out the flag pattern before the New Year if it wants to! It's looking very bullish right now...
hossamino
fantastic man .....very good .
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