XRP / Tether USD
Long
Updated

Ripple forming another cup? Potential double.

298
XRP is priming for another rally to new highs despite less than ideal news from Coinbase. http://www.zdnet.com/article/coinbase-dismisses-rumors-of-ripple-trading-addition/

Potential targets include the 61.8 extension of the previous run, $3.78, and the 38.2 and 61.8 extensions of the most recent run, $4.50 and $5.20 respectively.

Wait for breakout above $3 or set stop below $2.40
Trade closed: stop reached

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.