BudBronson

Ripple ready to explode - Escrow + Technicals

Long
BudBronson Updated   
XRPUSD Daily

After weeks of waiting and being almost technically dead, Ripple just made the long awaited escrow announcement. Regarding the technicals the recent leg to the downside might have been wave E, which should result in an impulsive break to the upside. Chances are that this might be the start towards new all time highs. Targets are set at 0.34 and 0.40.

Happy Trading!
Comment:
$ 0.50 and $ 0.64 are also potential target zones. I would also not be surprised to see Ripple heading towards $1 within Q1 of 2018.
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