kyer

XRPUSD Reversal to $1.90+

Long
KRAKEN:XRPUSD   XRP
Looking at the 2-hour time frame of XRP we can see that Ripple has formed a valley created at $1.90 and found a bottom of the monthly support at 0.8999 before it reversed back upwards.

XRP closed out this smaller valley inside of the valley at $1.32 and has gained that as a level of support. Going forward, XRP has wicked the $1.44 level and gained that as support, therefore I can see the price hitting $1.74 and then $1.90 before finding new price discovery.

This valley at $1.90 is going to close out and it looks like XRP is on the path to get there right now.

Let's see this one play out to $3

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