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joshuadunn79
Jan 9, 2018 4:39 AM

Looks like xrp is healthy day char showing 50% pull back Long

XRP / BitcoinBitstamp

Description




xrp was in just a little over a 50% pull back which is healthy , as far as i can tell, its coming out of the .5 FIB % and looking to clean up and climb out

Comment

Remember over the last 30 days i believe xrp has been up 800% against btc , overall, longterm trend is climbing up, the business side of whats happening and the economics matches whats happening in the charts, 4,1 or day, its all showing some bumps but long term trend is strong up. there is major support and has been around 1.67 - 2.00 . the company is not doing something different or worse, they are growing and sealing deals. Trend and pattern is up. Im still lloongggg
Comments
Sammi123re
I don't you used the fib correctly on the daily
joshuadunn79
@pauras53, show me what your thinking, i want to hear what you have to say
christiankat
I did some research for older charts but the only thing I came up with were some old snapshots out of 2013 and 2014 somewhere in the depth of the internet...
I inserted the 3 most interesting points manually into the log chart(red crosses) and came up with the chart below. Have a look !


joshuadunn79
@christiankat, i believe i get what is going on here,
GoldenLe
I'm a fan of Ripple, do you think when it will be up back to 50% ? thx
joshuadunn79
@GoldenLe, its going to climb soon , Ripple has just announced a partnership with MoneyGram today! check it out here( facebook.com/XRPRippleCoin/posts/2025047324418923
GoldenLe
@joshuadunn79, I saw the news this morning and keep hoping , thank for your update
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