XRP Ripple (Update): The sexiest ascending right-triangle ever seen!

in #bitcoin7 years ago (edited)

Hey everyone, here's a brief update on XRP. In my previous post I had called for a short term target at around $1.80. The current pattern forming confirms my words, and I would even update my target to $1.90, here's why:

xrpusd281217.png

This bullish ascending right triangle should bring this boy up to at least $1.90 (end of wave 3, see my previous post for the counting). Mid-term target remains unchanged: minimum $2.20.

Enjoy the ride!

-------------DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif------------

Thanks for reading me, I'd appreciate an upvote if you enjoyed this technical analysis. Also Don't forget to FOLLOW me & Resteem !!!

Remember this article is not intended to guarantee any gain nor encourage you to invest in any way! This is just for your information.

You could even consider offering me a beer! ;)

ETH 0x7f6A03620BCaDaFCb76E0B0E253F4bF50b6f8A24
BTC 1JPARFZfvrdj9VgNxcvq8D9G3dc5X113Wd
BCH 13R98Ggzuq5NZx5AnguMkNXs3qmBMhPqvg

Have a good one!

Sort:  

This is XRP alright... which is not Verge ;)

I read you are very enthusiastic about Verge

Oh boy thanks for the heads-up... So tired! That's probably because XVG just broke out beautifully and did what I said it would! ^^ I'm indeed a big fan of Verge.

Given that XRP is already on this upward ascent, would you think it would still be worth it to buy in now, or would you think that it may dip below current market value in the near future?

I'm going to steal a catchphrase usually applied to Bitcoin and rephrase it for XRP:

"The best time to buy XRP was in 2013. The second best time to buy XRP is now."

Hope that helps! ;)

1.6 and yet another mini triangle before jumping to your prediction of 1.9