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DrDovetail
3 cze 2018 13:29

XRP Breaking out of descending triangle pattern.  Long

XRP / BitcoinBitfinex

Opis

It's entering the overbought zone on the 4hr RSI so it will llikely start consolidating sideways for a bit to cool the RSI off before continuing upward but this breakout is a huge sign for the bulls with XRP. My original guess was that it would reach $2 sometime in June. I still think that's possible but it might not get there until July. Either way this is just the beginning of its bullish ascent.
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