Coiling up for a breakout?
Looking at the daily chart it appears that Ripple/XRP is coiling up to make some kind of action. If you compare the RSI to where we were at in January, than it appears to me that Ripple/XRP could be getting ready for a big buy in the next month. Only time will tell if the wedge is actually forming:
This is obviously just my opinion and being that I am big Ripple fan, I could be a little biased, but I am hoping big things are around the corner!
Check out my other crypto posts:
First Bank to Get a Clue
Bank of America Admits Crypto a Threat
Attention Haters: Ripple Making Some Big Moves
Telegram on track for a $1 billion ICO?
Here We Go Litecoin!
Big Gains for Ripple on the Horizon
If You Can't Fight 'em, Join 'em: Salon Offers Ads or Bitcoin Mining
XRP (Ripple): The Gateway Crypto
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