Beautiful C&H Pattern on Ripple. Long that baby!
Hi guys,
the institutional FUD shocked the retails and removed the weak hands on Ripple.
Now, it is time to move it to previous ATHs.
If you compare the chart of Ripple with that of Litecoin, Bitcoin, and Ethereum, you will directly observe that is way behind of the others.
And as Ripple is a major altcoin, I think it will catch up with the others.
A weekly close above $1.00 will accelerate Ripple's ascending.
My short-term target is $1.2-$1.40 ish.
However, I believe that it has way much more room to grow. Just look at the daily, weekly, and monthly RSIs.
Mid-term target is $2.5+
Disclaimer:
This is not financial advice.
DYOR.
the institutional FUD shocked the retails and removed the weak hands on Ripple.
Now, it is time to move it to previous ATHs.
If you compare the chart of Ripple with that of Litecoin, Bitcoin, and Ethereum, you will directly observe that is way behind of the others.
And as Ripple is a major altcoin, I think it will catch up with the others.
A weekly close above $1.00 will accelerate Ripple's ascending.
My short-term target is $1.2-$1.40 ish.
However, I believe that it has way much more room to grow. Just look at the daily, weekly, and monthly RSIs.
Mid-term target is $2.5+
Disclaimer:
This is not financial advice.
DYOR.
Trade closed: target reached