mistahtom

XRP has been dormant for too long!

Long
BITFINEX:XRPBTC   XRP / Bitcoin
XRP had its initial runup to ~11k and has been correcting ever since. I do believe that the end of the correction phase is near with the hammer sign on the daily chart. If it closes with the hammer sign, followed by a green candle then we can almost certain that an upward trend will follow (not to mention the double bottom formation). Will be eyeing 13k-14k as the first target based on fib's ratio. OBV is also showing an upward trend also. Of course this is under the assumption that BTC doesnt go crazy...

This is not investment advice, just my take on XRP's chart. Happy investing all.
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