h1fx

XRP looking bullish, multiple confluences

شراء
BITSTAMP:XRPUSD   ريبيل

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.
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