XRP update by srezz

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cryptocurrency · @srezz · Dec 16 '17

$0.39

XRP update

The very wide spread of the major WMAs on the 4H chart shows how seriously XRP is overstretched to the upside.  Nevertheless,  given its very volatile nature, the last push to $0.86 or even to $0.98 is possible.   To see such a development we need a 4H close above $0.74

Otherwise, 4H close below $0.71 implies continuation to $0.63 - 0.60. 

Since XRP sits in the very apex of the triangular as well as in between the trigger levels at the time of this update both up and downside targets are equally probable.  

https://www.mql5.com/en/charts/8053963/xrpusd-h4-simplefx-ltd
https://charts.mql5.com/17/24/xrpusd-h4-simplefx-ltd.png

👍 norwegianviking, beiker, gtapps, ajkapss, bsbeers, kalmon, tangkp, mikelee223, piccolobonzo, taseenbhat, c4po, danboard, bhumulas, cryptominervk, mikedc, hongvhvc, rajan2007, znog, cogitoergosum1, jsonkidd, sh1v13, jk5315

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piccolobonzo	619,520,000	100%
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@alalahamed345 · Dec 16 '17

tnx bro  ..

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@beiker · Dec 16 '17

yo got it! $0,81 right now, well seen!

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@danboard · Dec 16 '17

Thanks @srezz. Always interesting to read your analysis

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@steemitboard · Dec 17 '17

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