TiborVrbovsky

Ripple Testing Key RSI Level that can Lead to an Explosion!

TiborVrbovsky Updated   
Hey, I am back with another Trade Idea, this time looking at my favorite token, Ripple.

In Short About Ripple - XRP.
Ripple has done me some great profit in past, and this looks just like the same opportunity!
Ripple has done a lot partnership, Apple, Walmart and lots of banks.
The Ripple net was succesfully tested by banks and its working just fine.

I sent a signal on tradingview about XRP leaving the downtrend line,
and said that Buying Ripple could be good at that moment.

(I personally bought at 0,504 cents after the Run Up to 3 Dollars)

Lets take a look at the Indicators.

MACD is showing more and more buyers, and gives a great strong buy signal.
RSI is testing key level, when this level will be broken, the breakout can be huge just as before. This breakout could surpass Ethereum like list time, maybe even Bitcoin, hah maybe Bitcoin not.

It looks a like a bad Triangle but the rounding bottom is way likely!

Hope I made your view on whats going on with Ripple somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !

If this gets a little bit of attention, I will update!
Comment:
Watch the RSI level for a bounce, if RSI falls under 70, Ripple may form a Cup and handle pattern.
Comment:
Trade still active, Looks like a cup and handle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.