Hi Guys. Here we can see in KRAKEN:XRPUSD that the price has been consolidating, that is easily seen by the extremely low volume. We can see here that we have a Descending Triangle chart formation, this is a pattern that can break out either way because of the flat bottom however the upside is favoured as this has shown on multiple occasions to be a strong area of demand. KRAKEN:XRPEUR .is expect to retrace to the 38.2% and 61.8% fibo retracements levels, these are very strong and well-respected levels.
From a fundamental perspective, POLONIEX:XRPUSDT there have been rumours that Ripple is looking forward to more improvements, more innovations and more financial institutions and individuals jumping into the story where transactions are fast and available almost immediately with minimal or no fees applied. Also the recent advances with NYSE:MA , NYSE:SQ ,NASDAQ:PYPL and the more recent NYSE:PAGS there is a lot of hype going on.
@ApeX_Trading_Group, Ya because we all know in the future we will reach these levels and beyond. Without you giving a prediction on when you think XRP would reach your targets, this post wouldn't have any value IMO. Plus, nobody should buy at the current price. There are no good signals that it would reach your specified zones any time soon and there's a bigger possibility it would go down!. So elaborate more to avoid misleading new traders!