XRP to ATH? (Analysis for HODLers, risky to buy in right now)
Updated
XRP is showing a bullish triangle on the 4 hour chart. I believe it could breakout to 19k again and possibly an ATH. Beware, this is a risky trade since XRP has already made a hell of a run these past few weeks. Trade at your own risk. I believe there are safer trade ideas out there that I have posted on my profile, however, this analysis is for someone who is currently invested in Ripple and would like to get some insight on its near future.
Stoch RSI oversold = Good news bears
Bullish triangle = Stronk
Major increase in volume shown on histogram = Bullish
First target is 19261 based on Fibonacci extension shown below.
2nd target is 24175
3rd target is ATH
Fibonacci targets:
Do your own research before buying this coin. I am not an expert and this is only an idea of mine.
If you would like to tip me with some of your earnings:
My BTC Wallet: 1JWGq6YWoENLK1nrRRtCUQeARcod78Za37
My LTC Wallet: LTddysmLQr1v1wusHgDG4CLjeSsJ1FQbUZ
My ETH Wallet: 0x1676ae4c42028fc1a4e6fc6338e677337d7fdc6c
Stoch RSI oversold = Good news bears
Bullish triangle = Stronk
Major increase in volume shown on histogram = Bullish
First target is 19261 based on Fibonacci extension shown below.
2nd target is 24175
3rd target is ATH
Fibonacci targets:
Do your own research before buying this coin. I am not an expert and this is only an idea of mine.
If you would like to tip me with some of your earnings:
My BTC Wallet: 1JWGq6YWoENLK1nrRRtCUQeARcod78Za37
My LTC Wallet: LTddysmLQr1v1wusHgDG4CLjeSsJ1FQbUZ
My ETH Wallet: 0x1676ae4c42028fc1a4e6fc6338e677337d7fdc6c
Note
Ripple going for 20k today!Note
XRP is trying to break the resistance from the high of the last push. 20k is close! ATH definitely possible if it breaks this resistance level! Note
Remember it is always better to hit the eject button on the way up to secure profits than to sell on the way down!Note
I think XRP might be at the end of it's run. I would be selling off at this point if I was in this coin. It looks the head and shoulders pattern on the 4 hr chart which is a good sign to get out in my opinion.
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