ckim802

Hey Ripple, welcome back!

Long
ckim802 Updated   
KRAKEN:XRPUSD   XRP
Please refer to notes provided in the post for XLM.

Target - There's been a significant amount of price manipulation with XRP, with the powers that be pushing down its price artificially. Hard to get an exact estimate, but this is my best guess. Should it follow the solid green line, there might be a slight correction at the first target. My spidey sense tells me though that it's more likely that the price will push up directly to the second lightning bolt, with the correction taking place there.

Targets are set for the crosses between the fan and the green solid line.
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The charting tool misaligned the lightning bolts, just note that it's where the fan lines directly intersect with the solid green line set at 25 degrees.
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So I cleaned up some of the lines on my bitcoin roadmap chart and there is a clear point of intersection between the resistance lines and the dotted green line... obviously, there are two interpretations of this if the timing works out as shown. 1st Bitcoin breaks free of its chains... or 2nd the resistance lines join forces to become even stronger. I'm really scared that it will be the latter, so I will be preparing as we get closer to that point (again, if the timing works out that way), as if the second interpretation will take place.
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An update on bitcoin:


A pole for a bull flag has formed on the 1hr. The pendant should be created right inside the triangle wedge formed by the two blue lines.
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Back to Ripple, the first resistance line was pierced. The timing matched bitcoin breaking through its 11400 resistance line. The next resistance line for bitcoin is 11600, and I'm going to go out on a limb and say it will correspond to XRP breaking through its first resistance line.

I would also note the ridiculous start and possibly far steeper angle than the one I've drawn. It goes to show the size of pent-up buying power. It that is true, the 12k break for bitcoin should correspond with the breach of the 2nd resistance line on the fan.

Finger crossed.
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not to state the obvious, but basically, every single crypto is forming or has formed some sort of bull flag...
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ha, what do you know, 25 degrees was right after all :)
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