Hello to all traders, investors and other crypto enthusiasts.
Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin.
If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up.
First fibonacci level at the price of 97cents
Target until the end of summer at least 1 dollar. Therefore, while we are in the triangle, this A good opportunity to add a coin to your portfolio.

The cross of two MA100 and MA50 movings in D1 chart is also a signal to buy
Stochastic RSI turned around and most likely will grow

There is a lot of news for the flight of the coin right now, but as you remember from history in most cases the pump happens without some big news.

So the best strategy right now is position trading SWING Trading and now is a good entry point

For example, I want to show the story you can see on the real chart.
Comment: XRPBTC
Comment: Beak up resistance line of the tiangle

Related Ideas

Perfect examples!Good job!
great charts.
Any thoughts Excavo? Would love an update. Cheers.
Let's see if it wakes up before shitting the bed.
Weekly chart looking real tight with the Bollinger band squeeze right on the 150 week MA which has proven to be support buying for some time
i agree on this point but i do not think 1dollar will be reached. it will reach weekly ichimoku baseline that would be around 0.45~0.5dollar maybe little bit more overshoot.
Nice analysis! I came to a very similar conclusion also:

Best regards, keep up the good work :)
+1 Reply
Yes ripple to the moon
+1 Reply
Don't understand guys why you so bullish on XRP!
+3 Reply
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