XRP Price Prediction 18.07. Ripple XRP Technical Analysis XRP Chart Analysis

Hello dear Ripple/ XRP traders HODLers friends, and welcome to this XRP technical analysis video price prediction for Ripple.

As I was saying in the video, a reaction from the bulls from that magic bottom was definitely expected, and that I would rather see a bounce & prolonged consolidation for 1-2 months above 30 Cents in order to be comfortable playing it to the short side once the $28-30 bottom breaks.

We have currently the potential for a bounce ongoing as an inverse H&S with 32 cents as neckline, which could lead to the previous S&R zone at 35-36 Cents, giving up to solid 10% profit. Also RSI is on a steady divergence since the last few legs down, and would in this case confirm the breakout. As always: Patterns only get confirmed when they break, even then they can fake-out/not see any follow-through.

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