XRP / TetherUS

XRP Triangle breakout to .10 cents? Bullish reversal to .70?

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Analyzing the weekly chart we can see that xrp has reached the point of most resistance in and around the .30 cent range.

Bollinger the $0.30 range is significant because we have reached the point where most resistance is shown on the VPVR and we have also reached the bottom line of a triangle.
-We have touched the bottom band on the bollinger- if we were bullish, expect a push to .65 - .80 last true resistance to ascend upward to 1.00 (band top) where we should break through.

EMA ranges: .50/ .60/ .67/ .71 with .80 sitting as resistance.
(I expect to touch 20/50, minimum .70)

We are still under the ribbon- a ribbon reversal would put us in and around the .70 cent range (where I ultimately see it going)

Longer term outlook:

Bullish: Close over .55 cents

Estimated price ranges for a bullish reversal - using another analytics
FIBS: .70, 2.82, 3.68, 4.20

Bearish Scenario:
.10 cents - Any lower and nobody knows….

I am playing it safe at this time. Too much uncertainty and possible manipulation in play.

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