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Ali Charts
@alicharts
Every market, one trade at a time | Join me on Discord:
加入 May 2018
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XRP WHALES KEEP BUYING In just five days, whales accumulated more than 470 million $XRP, worth around $724 million. Meanwhile, an inverse head-and-shoulders continues to form on the daily chart. The bullish breakout could be getting closer.
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XRP: BULLISH BREAKOUT Following a 27.6% rally from $1.25 to $1.58, $XRP appears to have completed the right shoulder of a major inverse head-and-shoulders pattern on the daily chart. Meanwhile, whales have recently accumulated more than $2 billion worth of XRP. Now, everything comes down to $1.60. A decisive break above the neckline could confirm the pattern and trigger another 30% rally toward $2.
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