rgeddes

Ripple Reversal

BITFINEX:XRPUSD   Ripple
XRP did almost exactly as predicted in the last analysis. I called the price dropping to around .43 before we bump up to .50

The weekend kept us propped up well above the .43 mark as the top of the patter completed.

Now that we have double bottomed in the .43 range - we will start making the climb to .50

This is still a fantastic "buy" opportunity. Selling any XRP at this point would make little sense - if you are looking for an entry or an exit - get in now and don't think of getting out until we hit around .50 and can gauge which way the market is going to go.

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