h1fx

XRP looking bullish, multiple confluences

BITSTAMP:XRPUSD   리플

XRP is making higher highs and lows and is currently in a falling wedge, this is a bullish continuation pattern and we can expect a further leg to the upside soon.

We are currently in an ABC correction so we could see one more push to around $0.78 before completing the pattern, or if we see a breakout before that then the up move will most likely be the next move.

The two arrows on my chart show my two possible paths that we will take.

$2.75 is the local high for my short term target and my mid-longer term targets are $7 and $13.

These targets come from previous fractals, previous % gains and data and fibonacci extension levels.

The lawsuit from the SEC does not bother me as I think Ripple have already won (not literally) but their case is strong and they don't want to settle, they want to fight for clarity.

Both technicals and fundamentals are bullish for XRP and so am I, Don't let short term price dips effect you.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.