Here is my of the XRP Coin.
Let´s get into it straight away,
As you can see we had a pattern that started to shape it self mid January because of a movement, which caused a breakout once the neckline got crossed downwards.
Now that XRP got corrected (which is very healthy for the coin it self), we can start to see a start of a very big marked with yellow dots. Keep in mind that what happens inside this triangle, will have an impact on XRP´s future.
Option 1: XRP crosses the yellow dotted triangle upwards, we will know that a mood has now taken over. This is my guess, why ? Because XRP has been coming up with great news and partnerships since 2 months, and had yet to release the most important news that WILL decide XPR´s future: A partnership with GooglePay. If this occurs, XRP will gain a huge amount of momentum that I will be hard to stop it. I might create a new Pattern but where are not there yet.
Option 2: The rumors of XRP and GooglePay are fake, in that case we might see a drop back to the VISL (Very Important ). Which has been doing a great job so far, but how long can that last. I think that if we get to hear that the rumors of XRP getting in partnership with GooglePay is fake,that that might not hold anymore. If that happens, XRP will free fall.
I do think the rumors are true, GooglePay needs a system like XRP in order to grow more, the low transaction fees, the easy and quick implementation are key, so in my opinion the news is true, and we will see a breakout upwards, the only question is, when.
This was my for XRP,
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