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Mansasuma

XRP may be breaking out - but not in a good way

Short
XRP (BITSTAMP:XRPUSD)  
Mansasuma Updated   
BITSTAMP:XRPUSD   XRP
Trend Analysis Chart Patterns Technical Indicators
5
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trendanalysis chartpattern indicator
- update on this analysis:
XRP is about to melt faces - explosion to new ATHs coming
- I am no longer bullish on XRP as with this recent down move it seems the expansion of this gigantic consolidation could come to the downside
- the move is not confirmed just yet however with any HTF close below 0.45 cents it becomes very likely XRP holders are going to capitulate
- 2W volatility is at rock bottom, massive move is around the corner
Comment:
Remember, the downside move is confirmed with closures below 0.45 cents.

Looking at low TF PA this so far is showing strength and could be a massive bear trap in the making.

snapshot
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