klaye060502

XRP XRPUSD possible breakout

Long
as we see here, XRP has formed a very visible inverse Head and shoulders formation. since the 200sma is right near the neckline, i expect some what of a bounce down from here from $.36 short term. Also, since historical resistance of $.30 has recently fallen, i expect a Retest of that price before a signifgant move past $.36 can take place. short term bullish, medium neutral, long term bullish. 1.5 years under $.30 weekly may finally be coming to an end. thanks for looking!
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