Long

Ripple Can Do 190%+ Soon Or 420%+? Long-Term Chart Analysis

By AlanSantana

Updated

Here I am looking at a very simple pattern on the Ripple (XRPBTC) chart.

Take a look at the Double Curve:

First a peak is hit followed by a new low.
The MACD prints a bullish crossover.
There is a volume breakout to move pass EMA10.
And growth starts...

Here is the MACD:

Pretty clear if you ask me.
The histogram is already on the bullish side.

The RSI:

Hit oversold and is now trading above all resistance.

Get ready... Because Ripple (XRPBTC) will be going bullish soon.

Thanks a lot for reading.

Namaste.

Note

This is the weekly time frame (7 days / 1 week per candlestick) - Long-term chart.

Note

The below trade for Ripple with Lev. (XRPZ19), was shared on the 25th September together with this chart... Take a look at the results so far:
---------------------

Leverage: 5X

Buy-in: 0.00002660 - 0.00002800

Targets:

(1) 0.00003000 |Hit +37.6%
(2) 0.00003200 |Hit +73.4%
(3) 0.00003400 |Hit +109.3%
(4) 0.00003500 |Hit +127.2%
(*) 0.00003595 |Hit +144.2%
(5) 0.00003700
(6) 0.00004000
(7) 0.00004300
(8) 0.00004550

Stop-loss:
[strong] Close daily (1D) below 0.00002430.
[soft] Close 4 hours (4h) below 0.00002650.

Liq. price: 0.00002302
(Buy-in calculated at 0.00002790)

Potential profits: 315.4% ROE

Capital allocation: 8%.

AlanSantana

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