XRP in a Flag Pattern

Dec 18, 2017XRPUSD

Last week I mistakenly thought that XRP was forming a pennant pattern, but after some time, price has shown more evidence of a flag pattern forming. This is still a bullish continuation pattern, but we can expect to see more lows before a breakout occurs.

I would suggest loading up when price gets close to the bottom trendline, if it can reach that low. Otherwise, buy the breakout and enjoy.