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Xrpcny

XRP - Will History Repeat Itself?After many months of consolidation, XRP has finally made a breakthrough. The question is, how far can this go? The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value. The second then hitting 1035% of its value from breakout. So IF history repeats itself, I would expect the same return in this scenario. Targets: First Target 937% ~ $2.14 Second Target 1135% ~ $2.50 Final Target 1410% (ratio based) ~ $3.00 Please note: This analysis is not based on fundamental or sentimental analysis. These price predictions are completely based on historical data. It will be neat to see this play out! I wish you all the best of luck! DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
BITSTAMP:XRPUSDLong
by oh92
42
XRP to the Moon!XRP is already up over 100% since breakout and has formed a beautiful bullish pennant . The bottom of the pennant has been my accumulation zone, as this provides a very tight stop loss. I am in hopes that XRP breaks the top of the pennant here shortly. Instead of using a break in the accululation zone as my stop loss, I plan to use a break through .72. This is because I believe a fake out is likely right before the pump. Just like on the daily chart I have shown below. IF we ever then break upward through the downward trendline, I plan to double up on my position. First Major Target is set at $1-1.1 IF we break my stop loss I will look to re-accumulate around .6 Minor Resistance levels are also shown above. I wish you all the best of luck! DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
BITFINEX:XRPUSDLong
by oh92
6