XRP forming H&S, retesting $2.50 USD

5 Jan 2018

We've been on a great run for XRP, and only time will tell how much further it will go before a serious correction. Right now sentiment is high, and people are hopeful it will gain more before the next pullback. There is also a lot of FUD, and people criticizing it for it's "centralized nature", which is causing smaller fish to take profits when they can. Other people, are predicting low 3's or mid 4's before that happens, but key is watching price action and volume, the two best indicators. I'm thinking we'll pull back to the first green line at least ($2.50-$2.65 range), and possible test the thicker green support line after another upswing.

Respect to Haejin - steemit.com/bitcoin/@haejin/ripple-xrp-is-becoming-a-profit-tsunami-target-usd4-11-200-profit-potential - for help understanding wave patterns related to XRP.