Brodie_MT

XRP/BTC: Bottomless? It looks like a bottom to me...

Long
Brodie_MT Updated   
BITSTAMP:XRPBTC   XRP / Bitcoin
XRP and bitcoin seem to have an inverse relation (see Dian Kemala's Chart: ). As bitcoin slips, XRP seems to have double bottomed here. Could be an opportunity for some short term gains if nothing else. Lot of people (not just noobs) bought up xrp in anticipation of the Swell conference, and most people appear to have been selling to get back into bitcoin.
Comment:
Fell a little bit with the Bitcoin jump this morning, but not significantly, the 2700 level looks like it wants to hold.
Trade active:
Segwit 2x Cancelled! Things are looking up for XRP... and Alts in general.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.