XRP overall view.
Let's see how much strength in Yellow Support line we have this time. Rising Bitcoin put some weakness here but let's hope that we achieved finally top on BTC. We are on the edge and at the same time on strong long term support which been tested 4 times. Take a look at few triangles and their range in case of break out. Nice area to observe. Good Luck.
Nota
We need $ 4 000 000 000 more in market cap to move price in interesting area of 30 cents. And UPS on BTC are totally enough as chart shows. Everything more for that time is tulipomania and gold rush. BTC 10k etc. Remember that people who has no idea about trading rules also buying to get rich because they see quickly up changing numbers and wealth opportunity and mainly they uncounsciosness causing all this rally. When idiots loose fuel this BTC will go down. I do not believe that this is made by professionals traders. We all know that 5th is not for us ! So when idiots will pump even more to BTC and finally it will CRASH there will be no problem to find small 4 billions from BTC to XRP. And what's more I think that as a Ripple is in first four of market cap it will get even more money from BTC.Nota
We are stepping on our field finally.. Ripple is showing us that can do it's job if he wants to. Be cautious as always but climate and destination seems to be nice.Nota
At time when I wrote second post so 3 hours ago Market Cap on Ripple was 7 590 000 000 and now the have 8 427 000 000... :-) so +- billion... very nice reaction for BTC correction. That's what we are expecting.Nota
Strong hands on both sides. Nice retest of yellow line. Handsome daily. Do not panic. Large up so correction is no hurt.Nota
Standing on 0,382 fib. Up.
Nota
If you minimize the scale and move chart to the left a little bit... You will see where red long term line takes us. It is area of $1.6-$2 of maximum possible target till end of 2018. SO it seems to be pretty sense to expect $0.90-$1 as a half of XRP technical possibility...Nota
RED LINE SUPPORT WORKING
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