The 17 USD target got hit.
The white LSMA line is overbought and turning down. The grey ghostarea represents a low momentum, so it shouldn't drop a lot. With the red sellsignal given OMG shoult at least consolidate a short time within the rectangle (between 16 USD and 13 USD) . A drop to the .236 fib is possible.
After the consolidation XRP should continue the uptrend.
Targets: ~15 USD --> 25 - 28 USD
The white LSMA line is overbought and turning down. The grey ghostarea represents a low momentum, so it shouldn't drop a lot. With the red sellsignal given OMG shoult at least consolidate a short time within the rectangle (between 16 USD and 13 USD) . A drop to the .236 fib is possible.
After the consolidation XRP should continue the uptrend.
Targets: ~15 USD --> 25 - 28 USD
Note
s3.amazonaws.com/tradingview/snapshots/1/1RVieyU9.pngWell that went faster than expected.
Target ~ 15 USD hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.