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Dutch Analyst Calls $50 XRP Regular Market Dynamics

Dutch Analyst Calls $50 XRP Regular Market Dynamics

Photo: DailyCoin

A Dutch crypto currency analyst Gert van Lagen says XRP’s primed for a setup leading to an eventual target of $50. He based this thesis on a monthly XRP chart, providing the established symmetrical triangle as a clean-cut technical argument. For some these kinds of targets may seem out of place, but Gert van Lagen says it’s nothing but “normal bull market dynamics”. The key point there is the two-time historical resistance flipping into big-time support, potentially breaking the symmetrical triangle figure.

Source: DailyCoin

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