SECCommission

XRP / US DOLLAR .3

Long
SECCommission Updated   
This is my last idea for XRP before it hits $1.00. Unfortunately both of my previous XRP ideas got invalidated given that Bitcoin - went far below the yearly support amid hard forking and "hash wars". Moreover - Bakkt has postponed their futures contract launch - factor that will encourage institutional investors to stay on the sidelines longer. Sadly but XRP is not as immune as I expected it to be, especially against the fiat pairs - XRP is still largely influenced by Bitcoin although it tends to stay above August -September which is impressive. Currently keeping an eye on this potential falling wedge pattern. Price should break up and hit 0.42-0.44 in the coming week unless there is another total breakdown of Bitcoin. Should BTC head lower - it is quite possible to see new lows for XRP too.
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