MMBTtrader

XRP is pumping with valid trendline and completed Cup and handle

Lång
BITSTAMP:XRPUSD   Ripple
at this important point XRP face strong local resistance of 0.48---0.50 $ and two paths shown in chart that can follow for now:

Green path :this path is expected and there is strong support here and valid trendline that both support XRP and pump price to our target :
Target:
A. 0.56
Notice :
1.
Red path:if and if we have breakout on trendline and strong support on 0.45 lose then after retest we would expect red path and Target would be 0.40 $ .
2.Market is strongly bullish and expected Green path to continue .

previous analysis :

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