The wedge we're looking at spans over 400 days starting on August 12th, 2018 and should breakout before September 28th, 2019.
This month, August, we should just see XRP accumulating between 0.30-0.32. The Monthly chart confirms this, you can look at it for yourself.
September is the month our lives will change. At this point, XRP has accumulated enough to test out of the wedge. If it doesn't have enough strength, October will be the month this coin goes to the moon.
You can see in May-July it tried to breakout, but it wasn't strong enough and the whales pushed the price back down.
I'm confident the next move up will break XRP out of this wedge, just like how it did at the end of 2017.
All the stars are aligning for XRP to move up, the price has been suppressed long enough. Alt season should come around Sept-October, the same time that Bitcoin/Ethereum are moving up too.
When XRP breaks out of this wedge, we will all have life changing money. Not like buy your own golden yacht money, but you'll be able to buy your dream car and set aside money for your family.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.