A lot going on here, and i've added the S-Wave as the current form does support this, however from the volume it is clear that interest is diminishing and that we will see a potential last climb before we see consolidation around the $0.75 mark.
Highly risky at the moment with the impulse buy & sell from the SEC Case affecting perception.
XRP has now finished its flag and assumed ascendancy at the midpoint of the correction, So it would appear to be preparing for a bullish trend to hopefully challenge the previous high of £0.47, if this is mark is broken I would expect it to achieve £0.55 before another consolidation.
Buying opportunities after the 22nd perhaps, If the exchanges allow US access,...
I'm no expert and new to analysis, however i've applied a few indicators to XRPGBP, the MACD is accending and moving positive with the signal line just crossed, the bollinger bands indicate an upward trend with and expanding band. RSI has just emerged from an oversold position, with this I anticipate that it should achieve a significant gain. TP of £0.71 given the...
