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Maximos118
Jan 6, 2018 2:00 PM

XRP to repeat the pattern? Long

XRP / U.S. dollarBitstamp

Description

It seems to me that XRP has a very distinct pattern here.
I can't see that XRP is overbought due to the sizable corrections on its way up.

The pattern/trend WILL change. That's inevitable.
When? Nobody knows.

A very high percentage of XRP is owned by 8 or so key share holders.
If any of these people decide to dump their shares we may well see a blood bath here.

I foresee us taking even more of a dip when the volatility calms down and then gradually the bulls will come out again.
This may well be the last repeat of our pattern here.
Comments
Mejora
Great TA!

We have really low volume according to previously pattern. It's not a good thing but maybe effect of BTC bullish run?
PNUTTY
I like the pattern drawn. Nice work
PNUTTY
May we have faith in Ripple!
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