cbistriceanu
Long

Revers head and shoulders?

POLONIEX:XRPUSD   XRP / U.S. Dollar
If this bullish pattern completed as expected we should see a large more on the upside for XRP. Combined with the incoming "golden cross" it seems that a reversal of the trend may just be around the corner. Personally, I am still very bullish on XRP and I have been buying steadily each month for the last 10 months.

The key levels that will need to be broken on the upside are $0.35 and $0.50. Once both these levels will be breached we should see further moves and gains toards the $0.70 - $0.80 area.

For the macro trend I am considering the last two years to be a huge consolidation and accumulation period which eventually will make the next more up more powerful. The fundamentls for this project are more and more solid with great news being reported constantly.

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