Cup and handle has formed on the WU company since 7 March 2023.
During the time it's formed higher lows and has just broken above the Cup and Handle giving a conservative entry level.
Other indicators show upside to come.
7>21>200
RSI>50
Target R15.91
$MGI breaking out of a slight downward channel. Note: volume on the breakup candle isn't significant at the moment 9/17 12:00. MoneyGram is in the Remittance business. Crypto projects have made it their goals to minimize the fee charge for money transfers worldwide done on mobile phones nearly instantly. They had a partnership with crypto XRP but fell through on...
Bloomberg News reported the potential takeover incurred by Western Union of MoneyGram. Price was not disclosed and now MGI faces high volatility a trader could profit from. Looking at the 4h chart, we might see that in 3 hours time MGI (at 17:30h GMT) might plummet until $3 to pullback at $3.80 after 17:30h GMT. Maybe, takeover price for MGI could be greater than...
It is about to break out $20.9. Yesterday's volume was well and if it holds above the buy point, the target will be $23.58
12 months Consensus Price Target: $21.75
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Thx
im watching MoneyGram closely to see if this bull run from a Inverse head and shoulders breakout can continue to $2.03, Ripple=xrp owns a 15% stake in the company after making capital injections into the company last fall.
Disclosure long xrpusd
Nobody in cryptoland is making more progress than Ripple.
It's a winner, and I am keeping it locked away for major targets ahead.
Fundamental
Most of you following me came from the previous idea I had on XRP.
It almost turned out perfectly, and achieved major gains. We have now crashed, and I am looking at the road ahead for XRP.
A road which I am...
D1 - Price has created higher highs and also bullish divergence has formed.
No we will be waiting for double wave down and we can go long with the breakout of TL
As long as last low at 18.35 holds we are after buys
![XRPUSD: [XRP] Middle Term forecast](https://s3.tradingview.com/z/ZHGyvchH_mid.png "[XRP] Middle Term forecast")
