Ripple Daily Dose 3/18/19
XRP looks like it is about to break out soon. My expectation is that it is going to dump to about $.311 and then at least retest $.328 if not break past it. XRP has been trading within a range for almost a month now and the graph shows a symmetrical triangle with its price action nearing the apex of it. Because of this, we should not range much longer with an absolute decision on direction by the bulls and bears by March 28th, 2019. The liquidity pool for longs was already created when the price wicked extremely hard at $.29521. I am not necessarily bearish yet on XRP because of that humungous wick and I will monitor the price very closely, expecting more of a pump than a dump within the next few weeks.
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