Ripple breaking out in anticipation of Swell Conference
Check out the chart I made for this here
XRP wants to enter this bullish kumo cloud for a breakout in the coming days. we also have a TK cross below it. this times up nicely with market anticipation of the upcoming Swell Conference (check out swell.ripple.com) in about 2 weeks. big names are at that conference, including Ben Bernanke (ex-chairman of the US Federal Reserve ), Sir Tim Berners-Lee (credited with inventing the internet essentially) and Vitalik Buterin (creator of Ethereum ).
I've made this chart for the Korean Won pair because Korean volume tends to lead the crypto market. I have my 2 medium-term profit-taking targets labeled on the chart, but since most of you won't be trading the KRW pair, here are those targets for the BTC pair:
target 1: 0.00011423 BTC
target 2: 0.00013849 BTC
USD target: ~$0.40
you can also buy Stellar Lumens ( XLM), which follows the XRP chart as it is more or less a fork of it and IMO is more undervalued. my medium-term target price for that is ~1720 satoshi.
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https://www.tradingview.com/chart/XRPKRW/UYHNqYEh-Ripple-about-to-breakout-in-anticipation-of-Swell-Conference/
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