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If XRP fails to break out, it could bleed until end of August.

BITFINEX:XRPUSD   XRP / U.S. Dollar
I'm watching XRP very carefully because if it fails to break out of the year-long wedge its been bouncing in than we most likely won't see a big pump until the end of August, which isn't for many months!

Many are expecting alts to pump hard as capitals flow into them after Bitcoin crashes in Mid-June but I disagree! I think alts will slowly dip and then we will see another alt rally in August. Obviously, it's very early to predict this type of stuff, but make sure to keep an eye out if it breaks through the red or green line because that signals a big move!
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