XRP prepares for an explosive move as we approach the apex of the triangle.
Once we break the triangle, we can expect a price target of 2.50 EURO.
This price is reached by measuring the width of the triangle.
Of course w'll have to wait for an outbreak for conformation.
Still expecting XRP to come down, especially when it created
a equal level and a 'HnS' pattern..
Patience is everything when trading and sitting on your hands
is 85% part of the job. With patience comes great insight!!
Even if they brake out bullish, we simply wait for the retest and then
we go long. Only trade what you see, never what you think.
Lets wait and...
We will see a last buying point for XRP..
The move its making now is still a deadcat bounce, a normal reaction in a specific region on the market.
Never forget that crypto is a No Trade Zone.. It's an investment!!
Park your money between 0.24 & 0.20 and remove your charts..
Come back in a few years and enjoy yourlife :-)!!
Trade Smart & Stay Safe
Arthur
While retesting the previous resistances and turning panic sell into FOMO, XRP could win the SEC's "game" and come bullish out of it.
When we break the large triangle to the top, we will go to ATH and beyond for sure.
This is not financial advise, but for the ones holding XRP: congrats and keep holding, try to buy the dips, and don't cash out before 27 $ ! ( 12-24...
Note that i'm bullish long term, but this is my right now idea of the xrp market. I do believe a further fall is possible, which can be a crash/correction, this one will depend on the market reaction to the tether audit and the truth behind it. I believe we can see something similar to the Law suit crash, or worst. I may change opinion because i only do analysis...
