BTCryptowatch
Long

Ripple Bullish Tradechannel Buy signals

KRAKEN:XRPUSD   Ripple / U.S. Dollar
Ripple is trading again in a slightly bullish trade channel just like was described in my porst from nov 28th. That signal triggered the major bull run which made ripple explode to the upside from 0.17eur/dollar to 0.70 approx.

in the wake of that event we can exepct a similar situation in the next few weeks. Ripple could reach 1.5 tot 2.8 Dollar range.


Note that this chart is in EUR, use the dollar/ eur rate to calculate the exact dollar levels. Draw trendline as you see on the attached chart to make it clear where to buy.

consider buying the lower ascending trandline around 0.63 eur. or on a break of the upper trendline around 0.70eur. Once broken we see 1.00 dollar and over.

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