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Pivot Points

XRP's bull/bear transition Pt. 49Tracking XRP/USD and XRP/BTC today, following one of the most massive selloffs in recent history. The anticipated inverse H&S is done, as well as the line of support I've been tracking over the past couple years- we'll see what happens, but in order for XRP to thrive, we'll have to see some regulations so that these institutions currently partnered with Ripple & r3 can flip the switch. IMO Proof of work and reliance on China must become a thing of the past.
BITSTAMP:XRPUSD
by tradeformula
11
XRP's bull/bear transition Pt 46Following a successful bearish trade, many XRP holders and potential buyers are looking for a new entry. Looking at the daily/weekly chart, there's a large inverted H&S pattern just waiting to be bought, which would propel us out of the resistance that has plagued XRP for the past 2 years, and potentially create new all time highs. Sounds pretty good, right? We'll see if that happens. I speculate that it will, but of course I could be wrong. Please let me know your thoughts, and I'll continue making these over the next couple months, tracking XRP's progress.
BITSTAMP:XRPUSDLong
by tradeformula
8