XRPUSD is again rejecting the triangle formation - time for a bullish breakout!
Just one month ago, I told you that XrpUsd is preparing a bullish rejection and a triangle breakout followed by an insane bull-market. So far this is playing out exactly as predicted and XrpUsd is outperforming 95% of all other cryptocurrencies. Please just listen to me and take a look at the triangle pattern. If it breaks then we can see a similar rally as we saw back in 2013.
Levels to watch: $1.00
Keep your long term vision, Philip - BasicTrading
Note
Quick update on XrpUsd:
As traders, we have to learn to remain humble and be thankful for everything. Since I uploaded this analysis, XrpUsd already pumped another + 10% towards the upside and is approaching an important breakout level. I am still bullish!!!
Xrp basically followed the entire crypto market and created a "flash crash", retesting the lower support trendline of the triangle pattern. Hopefully you finally took advantage of these lower prices, everything is clearly pointing towards a breakout.
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