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bitcoinwizard1
Sep 22, 2018 1:21 PM

XRP RIPPLE Likely to hit $0.92 - $0.97 Long

XRP / DollarBitfinex

Description

XRP always doing unbelievable rallies, despite the overbought indicators I think the rally is not finish yet, looks in reaccumulation, don't buy at $0.58 is to risky, wait for a quick pullback between $0.49/$0.52 then set your stop at $0.45 an wait for the targets.

Trade closed manually

looking like distribution zone not a triangle, trade canceled. (bearish) will drop hard
Comments
CryptoManiac101
Yeah, with Rapid going live next month, Ripple Net converging Xvia, Xrapid and Current together to take advantage of XRP, banks signing up new partnerships with Ripple Labs, Swell conference coming up, it only makes sense that we see a massive drop again after reaching just under $1 - lol
HD1184K
Smaller timeframes show XRP/BTC rally is done.
HD1184K
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