ParCrypto

There Is Hope For XRP To Reverse!

Long
BINANCE:XRPBTC   XRP / Bitcoin
XRP/BTC has looked extremely bearish in 2019 but a reversal could be on the way soon. A falling wedge is forming on the weekly chart. The bottom of the wedge appears to end right in the buy zone (a full retracement of price in Dec. 2017). The top of the zone starts ar 2300 sats and ends around 1500 sats. If price breaks below that, who knows how low this can go.

I see a reversal coming due to the price decrease combined with decrease in volume as well as the reversal on the MACD. If BTC doesn't go on a ridiculous run, we could see MASSIVE gains from XRP.

*THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*

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