groveguy

XRP/BTC looks Bullish to me!

BINANCE:XRPBTC   XRP / Bitcoin
As you see here in weekly time frame we are resting on top of the weekly 200 SMA which I don't think will break as support. Looks like accumulation phase and with the larger picture forming it can be a cup which according to one scenario of Elliot wave confirms. I see it bullish because the market as a whole is picking up volume that would be great for most of the coins but I think for a long term this might just prove to be the best opportunity to get in.

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