MentalMango

XRP Triple Bottom? New XRP ATH incoming possibly?

Long
POLONIEX:XRPBTC   XRP / Bitcoin
XRP has now bounced off the 0.0001 - 0.00012 area three times. We are also at about 95% completion of the descending triangle. TA would state that descending triangles break downwards ... however in a highly manipulated market such as crypto-currencies I feel bold enough to call a black swan. My thought is that XRP will rally in next 14-21 days and set a new high against BTC if we can maintain above 0.0001 for the short term; 5 days or so. I bought a touch early at 0.00013 but do not regret my decision. I would suggest more conservative investors wait until we hit 0.000175 - 0.0002 to join the train to avoid substantial losses if this does not pan out! My target sell is 0.0004. Ignore my chart as I just stuck something on there for a visual of when I was entering idea. Best of luck to all !
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