NutFarm

XRP decision time, near term

BITSTAMP:XRPUSD   リップル/米ドル
This is how I see it. Not financial advice.

So XRP has set up a symmetric pennant that conveniently lies between 2 major price milestones. Measured moves from a break (up or down) take us to these levels, and it is really hard to tell in the near term how this may go. I am not trading this pattern. Both scenarios look plausible, and the triangle hasn't been verified yet. Holding that I got, waiting patiently. Long term I am still very bullish and my prior price targets of 11.25-17 still hold.

best wishes to everyone.

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