XRP possibly read to take off

19 de jan. de 2018

XRP wedge is bullish on 15 minute charts. Each of the arrows represent a point at which XRP did a WXY, where W goes on an uptrend, Xcomes down for a slight correction, and Y zooms upwards. At each of the point with an arrow, XRP followed this correctional wave and uptrend. Important point to note is that the Y will reach a maximum short term target of 1.62 times the W. Which means, if W is at the $1.2 level, Y can go $1.944 in a three wave short term run. Looks set up for the same move since market correction also seems to be past the worst. Long term trend intact (bullish), targets look poised to go 4-5x current levels in a 1-2 month horizon