Ripples chart is looking good right now. Sitting in an ascending triangle. I would, however, wait for a confirmation of the breakout at $0.307. This setup is obviously invalidated if A) the triangle breaks or B) we see a fake-out.
Another bearish retest for XRP? Once the price is close to the $0.25, it is rejected each time; I'm scalping this price action until it works.
In other news, Tetragon, the lead investor of Ripple’s $200 million Series C, has sued the company after a recent complaint by the U.S. SEC. Soooo... Shorting pullbacks looking back at BTC.
Information is just for...
I'm still bearish on XRP, I do not think that the problems with the SEC will be resolved on their own in the near future, so the only way is down.
It could be a bearish retest of red zone area on the chart. I'm shorting every wish into this zone, stop is above.
Information is just for educational purposes, never financial advice. Always do your own research....