XRPLong
XRP preparing for the breakout to $0.79-$1.12 price mark
Updated
#XRP
Ripple looks ready for the breakout we were waiting for so long.
The asset has been in the consolidation for over 200 days. That's pretty sufficient for significant move coming very soon.
I've noticed some hints as a volume spike right in the middle of the consolidation.
EW suggests an incoming pump to at least $0.79 price mark (very probably, we'll see $1.12).
The curved support shown on the image is being tested and I'm waiting for the price to return above the support area (around $0.34 area) as a confirmation of the upcoming rally.
The time indicator based on TD sequential and the period of consolidation marks the day X to be July 19 (not later than July 22).
Stop-loss level is no doubt to place at - $0.245.
Would you consider donating if you make a nice profit based on this TA?
XRP: address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag: 109785445
BTC 1BqxvXfpP4m14rm4kgRqrEafi3KCCS84pU
ETH 0x54fe66965cb59572a431fdb43d1ddff13caaaae4
LTC LhH7W1ZWsefmADhBdx3ekkpyBvYtpzU2ow
Ripple looks ready for the breakout we were waiting for so long.
The asset has been in the consolidation for over 200 days. That's pretty sufficient for significant move coming very soon.
I've noticed some hints as a volume spike right in the middle of the consolidation.
EW suggests an incoming pump to at least $0.79 price mark (very probably, we'll see $1.12).
The curved support shown on the image is being tested and I'm waiting for the price to return above the support area (around $0.34 area) as a confirmation of the upcoming rally.
The time indicator based on TD sequential and the period of consolidation marks the day X to be July 19 (not later than July 22).
Stop-loss level is no doubt to place at - $0.245.
Would you consider donating if you make a nice profit based on this TA?
XRP: address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag: 109785445
BTC 1BqxvXfpP4m14rm4kgRqrEafi3KCCS84pU
ETH 0x54fe66965cb59572a431fdb43d1ddff13caaaae4
LTC LhH7W1ZWsefmADhBdx3ekkpyBvYtpzU2ow
Note
If the price is unable to break above $0.345 by the end of 23 July, the trading idea will be marked as failed.Trade closed manually
Trading idea failed. Asset didn't breakout $0.345 level within the forecast ime frame.
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