DrDovetail

XRP Breaking out of descending triangle pattern.

Long
BITFINEX:XRPBTC   XRP / Bitcoin
It's entering the overbought zone on the 4hr RSI so it will llikely start consolidating sideways for a bit to cool the RSI off before continuing upward but this breakout is a huge sign for the bulls with XRP. My original guess was that it would reach $2 sometime in June. I still think that's possible but it might not get there until July. Either way this is just the beginning of its bullish ascent.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.