Peak muh decentralization maximalism
Fundamentals call for increased regulation
Actual (production) utility expected
Short crypto-anarchism
Long Justin Bieber and Ariana Grande followers despite musical taste
After many months of consolidation, XRP has finally made a breakthrough.
The question is, how far can this go?
The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value.
The second then hitting 1035% of its value from breakout.
So IF history repeats itself, I would expect the same return in this scenario.
...
XRP is already up over 100% since breakout and has formed a beautiful bullish pennant .
The bottom of the pennant has been my accumulation zone, as this provides a very tight stop loss.
I am in hopes that XRP breaks the top of the pennant here shortly.
Instead of using a break in the accululation zone as my stop loss, I plan to use a break through .72. This is...
