Redxtra

XRP +42% & -60%

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BITSTAMP:XRPUSD   リップル/米ドル
XRP, I hate to say it as a XRP hodler, xrp looks bearish, in the short term of course. I would not be surprised if we happen to get to seee a quick glimpse of .40 xrp. From a TA perspective we are in this cone to which the wave may end at the top of the cone, Also traders like myself that use harmonic patterns usually take profits at the .618 which is in confluence with the pattern and the waves. (If you zoom out, you'll also be able to see a nice cup and handle formation beginning to form as well.)

Now from a Fundamental perspective I believe the real whales (institutions) are now coming in and there is just no way they are going to buy $1 xrp during one of the biggest bull runs in history.

Thus my mid term goal is $5-7 xrp and my long term goal $11-20 xrp.

<DONT TAKE THIS AS FINICAL ADVICE>

This will probably take time to play out, but if we just wait, I believe we will all experience neat. or not



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