BarrenWaffe

XRP/USD head and shoulders spotted!

Lång
BITSTAMP:XRPUSD   Ripple
It looks like xrp is finally breaking out ouf the triangle.
Additionally a H&S pattern has been formed. This should take the price to about 2.70$ if the 3rd wave is comfirmed.
MACD looks quite bullish on the 4h as well as on the daily. On the 4th it is already crossing.
XRP still seem to follow BTC during correction, but it has proven quite some times that it can disconnect from btc's trend, usually in a bullish way. I have put an overlay of BTC in blue lines for comparison.
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