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XRP ready for bull breakout
XRP / Bitcoin
Long
XRP ready for bull breakout
By cptOats
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May 5, 2019
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May 5, 2019
XRP at previous breakout consolidation level
XRP / BTC capitulation and weekly RSI oversold at 5 year low
XRP / USD choppy consolidation chart for 5 months
Pink line - previous breakout consolidation as higher low for next pump
Bullish Divergence on shorter time frames
Extreme negative sentiment regarding XRP - contrarian indicator
May not break out of the yellow falling wedge on the first try; maybe double bottom on pink line again before the breakout
Target 10K sats / ~ $0.60 depending on what Bitcoin does
Fly or die for XRP
Pivot Points
Supply and Demand
Support and Resistance
cptOats
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