TA for ripple
Updated
Ripple just did huge dip due to Coinbase announced that they don't have any plans to add a new coin.
If Ripple continues to surge its new target would be somewhere around 3.5-4$. If Ripple continues to surge it might hit its new high in few days.
On the other hand, left shoulder and head is formed. If right shoulder form Ripple will likely try to find support at 2.2$ or somewhere around 2$ and 1.8$
Remember: This is not financial advice.
Feedback and comments are greatly appreciated.
If Ripple continues to surge its new target would be somewhere around 3.5-4$. If Ripple continues to surge it might hit its new high in few days.
On the other hand, left shoulder and head is formed. If right shoulder form Ripple will likely try to find support at 2.2$ or somewhere around 2$ and 1.8$
Remember: This is not financial advice.
Feedback and comments are greatly appreciated.
Note
A little correction, right shoulder top would be lower, around 2.5$ and new target would be around 3.6$-4$. The target box is placed a little bit too high. Let's see which direction Ripple will take, I will continue updating.
Note
Ripple is surging as expected.Note
If ripple passes point B it would surge to 4$Trade closed manually
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.