Healthy Correction Before Up Again

4 Des 2020

after some consolidation around 25-27 cents, the chart finally could break the ih&s neckline and reached 80cents in some exchanges. so with this big upside channel, we should see a serious re-test of 32-34 cents(ih&s neckline) before push the price higher. another point is we remember ethereum big desc broadening the wedge with break out of 250$. price never saw 250$ again in the road of reaching wedge target around 600$ and just saw and test 300$ with high buy pressure. so we can expect ripple doing the same and for reaching ih&s target around 1.1-1.2$ start correction but not to exact 32-34 cents.

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setmax