Check the chart, with a lot of events and positive developments upcoming. This XRP looks pausing and ready to launch up!
Recently I posted my XRP trade idea. After further chart analysis I've decided that my last prediction was wrong and I now need to update. Here's my updated idea that's going to make us all Rich ;)
I'm grabbing entries off the .786 as I expect Ripple to break out of of this consolidation period and go into a ascending triangle. I will sell my position once price hits the previous resistance. Once price breaks out of the ascending triangle I will make another entry and my target is at 0.000375
Here's what I see happening at the end of this massive bullish pennant (in no particular order): 1) 75 & 100 day moving averages about to cross 2) touching support - held yet again 3) touching sekou span A - usually a good sign a trend reversal is about to happen 4) Stochastic indicator showing oversold condition with imminent crossover 5) touching edge of...