heywippa

XRP Preparing for a big move - next stop $2.40

Long
BINANCE:XRPUSDT   XRP / TetherUS
Very exciting times are ahead for XRP.

  • When price breaks above $1.30, there is quite a big head and shoulders pattern is at play with a price target of $2.40.
  • The price target of $2.40 takes us to a 161.8 fib level, which is an ideal take profit area for the next leg up.
  • My prediction is that price will break out to the $1.40 range completing Wave 1, price will then retrace to retest the symmetrical triangle completing Wave 2.
  • Wave 3 would be the next move up and my prediction for Wave 3 is $3.20

I do update my ideas as price develops feel free to follow and like to be updated as price moves.
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