aoeuaoeu

Clear Cup and Handle Forming; Ripple About to EXPLODE to 80k

Long
BITFINEX:XRPBTC   XRP / Bitcoin
Ripple is forming a very obvious cup and handle pattern! The cup curves almost perfectly, and the volume has a similar shape. Moreover, the Elliott Wave count also confirms my analysis. XRP finished a 3-3-5 ABC correction and completed waves 1 and 2 of a new impulse. Since wave 3 is usually longer than wave 1, the price could reach 50k satoshis assuming just a 1 to 1 extension! Furthermore, that is just a conservative estimate; 55k is much more probable target for the next few days.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.