XRP is up to something
Updated
XRP is holding stronger than most alts and is still consolidating between .5 - .45 range.
It broke down from the wedge on the lower timeframes but is lacking power for a full breakdown.
I'm seeing strong odds for a sudden unexpected up move.
If it fails, it should proceed down to lower levels.
XRPBTC is showing high bottom potential
XRP.D is showing high bottom potential
XRPUSD is showing a 5 year long pattern support
But be warned, XRP is going to have massive movements up in the next few weeks/months. I'm fully convinced of this, even if we break down to wick a ridiculous low.
Do not get fooled by XRP, it's going super bull soon.
If we go up, the first target should be around $1.1
It broke down from the wedge on the lower timeframes but is lacking power for a full breakdown.
I'm seeing strong odds for a sudden unexpected up move.
If it fails, it should proceed down to lower levels.
XRPBTC is showing high bottom potential
XRP.D is showing high bottom potential
XRPUSD is showing a 5 year long pattern support
But be warned, XRP is going to have massive movements up in the next few weeks/months. I'm fully convinced of this, even if we break down to wick a ridiculous low.
Do not get fooled by XRP, it's going super bull soon.
If we go up, the first target should be around $1.1
Note
Something similar in 2017:Now this doesn't mean anything. But you can see how XRP is stuck in a very long consolidation pattern and right when BTC starts holding after breaking its initial high (just like we did last month), it's off.
I rather lose a trade or 2 than miss out on this. You?
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