MaxHodler

New bull cycle for XRP and ascending triangle

Lång
BITFINEX:XRPUSD   Ripple
XRP seems to be out of its Bear cycle and entered directly into a new Bull cycle on May 10, 2019, freeing itself from its historical bearish trendline (in red)

Since then, XRP seems to construct an ascending triangle with a bullish vocation.

The bullish target of this triangle calculated on its height, can be validated only if Bitcoin pump or stagnates current June (not if it dump).
I invite you to consult, if not already done, my associated idea below!

DISCLAIMER: This is not an investment advice.
Do not listen to any "prophet". Invest only what you are willing to lose.
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