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TradeSmart965

XRP Bullish Scenario

XRP (BITSTAMP:XRPUSD)  
TradeSmart965  
BITSTAMP:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators
8
1
trendanalysis chartpattern indicator
XRP long term chart shows retracement to 38.2%, which is acceptable but shows weakness in the bulls. Also, weakly chart is forming and massive cup and handle which is bullish pattern when completed successfully. If resistance is broken to upside, bulls can push to 100% of fib which is time dependent and around 9$ EOY.
Good Luck and Trade Smart.
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