Xrp is beeing massively sold. humungus orders to sell... Don't know why. guess hype train was already priced in before the conference. only 1 target was hit
Ripple to make it's next move
The move so many were expecting has started. The conference went great. Even Ben Bernanke talked about Blockchain.
but time is short. lets jump into it.
This chart seem as if overextended, and it is BUT.
Ripple will most probably enter a hype cycle witch could take the price all up to 1$... yes you read that right.
- This is my favorite pattern. I mean do you want anything easier to spot? =)
An inverse head and shoulder pattern was completed at a big resistance point.
It has retraced into a good entry point (i made the charts hours ago and wasn't going to post, so im sorry if candlesticks are missing)
one out of 2:
Goes sideways for a while, then down to complete a strong reversal sign and then the moon.
spikes soon without sideways movement.
This result is the one I think is more likelly. and the one I will guide myself with this.
Any questions please ask, post made in 10 minutes, probably incomplete
update
¿What do you think?
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