Short

Healthy Correction Before Up Again

after some consolidation around 25-27 cents, the chart finally could break the ih&s neckline and reached 80cents in some exchanges. so with this big upside channel, we should see a serious re-test of 32-34 cents(ih&s neckline) before push the price higher. another point is we remember ethereum big desc broadening the wedge with break out of 250$. price never saw 250$ again in the road of reaching wedge target around 600$ and just saw and test 300$ with high buy pressure. so we can expect ripple doing the same and for reaching ih&s target around 1.1-1.2$ start correction but not to exact 32-34 cents.

don't forget to like and comment
all the best
setmax

MrFinTechs

Also on:

Disclaimer

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.