Beeron

Bullish Symmetrical Triangle for XRP

Long
KRAKEN:XRPUSD   XRP
I believe that XRP has one of the healthiest looking bullish chart patterns in the big cryptos right now. Considering that The daily chart has repeated consistent moves upwards followed by healthy consolidation and the 45 minute time frame also shows a tightening trading range, I think this symmetrical triangle is 100% bullish. Couple that with the fact that CNBC has had positive interviews with the Ripple CEO and Yahoo and other sites have been running bullish articles about both Ripple and XRP (the company and the crypto), I think that we will break the current tight range with a move to $2.50 as the Korean markets have seen XRP trading there and U.S. markets seem to be following Korean markets when it comes to XRP. I think this is a buy opportunity with
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