wakethesheep

XRP further upside potential

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BITSTAMP:XRPBTC   リップル/ビットコイン
AS we have seen in the last few days, ripple has knocked ETH out of 2nd place for market cap and is taking the market by storm. This however is no P & D. This is a project that has a team making the right connections at the right times. 2018 will be a big year for ripple.

In this chart we can see a current retracement currently sitting at 0.5 fib level. we have just previously broken through a minor resistance and set an hourly HH. It looks as if this was a fakeout with the break above the trend line, but i believe we will be pushing through in the next 12 hours, with ATH being set within 24-48 hours. Perfect time to get in, with a massive correction in the market, and money flowing in and out between BTC and XRP, i see ripple hitting $5 in the very very near future.
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