ElmoX

XRP bullish...then very bearish

BITSTAMP:XRPUSD   リップル/米ドル
We should likely see XRP raise to 0,53ish at best with a correction behind which should lead us back to 0,27.

If you take point 1 to 2, pink line, same lenght and angle and project it it does exactly match the 2 dip from 25/09 and 11/10.
With this technic I identified next 2 bottoms which match critical support level.
Next move, point 2 to 3 should confirm or cancel this theory. For now, it follows my previous expectations. Lets see how it plays out.

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