Ripple breakout to 1.40 coming.

Nice Cup and Handle pattern here on the 30 minute chart of Ripple.

We've made a few attempts at breaking this 1.30 level, and every time we pull back, but positive volumes are strong and I think we get a break eventually, heading up to that trend line which marks the upward sloping wedge pattern's upward bounds.

Break out would take us to around 1.36 and then that trend line at around 1. 40 .

Long above 1.30
Profits at 161.8 Fib level at 1.36 and then 1. 40 at trend line resistance.

Stop below the bullish engulfing candle at 1.24.

I would buy any pullbacks into that 1.25 level until we break it, anticipating a break out of 1.30
Support me with these referral links:

Sign up to TradingView charts:

Sign up for TastyWorks - The Broker of the Future:



A long patient hodl is just starting to pay off. Lots of speculation that Ripple will be added to Coinbase, so price could continue up. Next technical level after $1.65 looks like $2.25.
Excellent call, sadly my funds were all locked up in ETH. Looking for next buy in, but does not seem to be ready to drop.
BerlinTrader591 THeAudiophile34
@THeAudiophile34, we seem to have made a new breakout of the wedge pattern, so i expect a move to 1.70 or 2.00 soon
THeAudiophile34 BerlinTrader591
@BerlinTrader591,Definitely possible! Noticing a lot of resistance around 156-160, though.
Rokkarolla THeAudiophile34
@THeAudiophile34, Enough to make it bounce back to 1.90 now :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out