Bitking786

ripple is Broken it downtrend, ready for it 3rd wave around 4$!!

Long
BINANCE:XRPUSDT   XRP / TetherUS
RIPPLE coin likely to completed its 1ST wave here shown in my chart, I think ABC correction phase completed
and may have to completed 2nd wave also and ready for 3rd wave around 3.5 to 4 dollar 2.618 fib retracement.
downtrend Breakout done which xrp trying to break out right now or hold current support around 0.65 to 0.80 cent area for farther upside move.
RSI is 72 that's shows bulls are upper hand, i think xrp will take momentum from here

Technical analysis:
. XRPUSDT is breakout it downtrend, and the beginning of an uptrend is expected.
. The price is above the both MA's(50 and 200MA)
. The RSI is at 72, that's mean bull is full control the xrp right now

Take Profits:
TP1= @ 1
TP2= @ 1.36
TP3= @ 1.54
TP4= @ 2.12
TP5= @ 3.52
TP5= @ 4.12

SL= Break below Support at daily closed

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