Chivashon
Long

$XRP $XRP.X - Ripple - Daily - Bittrex - Squeeze?

BITTREX:XRPBTC   Ripple / Bitcoin
I took a look at Ripple today and noticed something, appears we are heading to a bollinger squeeze. This can be good as volatility is slowing to a breakout point though this can go either way. Right now Ripple has been on an uptrend, though RSI is just below 50%. Ripple has broken through a prior downtred but is in a resisitance zone right now. My concern here is that XRP does not break the resistance and falls and will ride the bottom band if we are in a breakout point, though if it follows the current uptrend, we can see a positive breakout. Ripple has been in the news stating they have started a few new partnerships with companies using their blockchain for applications. I am going to take a chance here and buy in a small amount and aim for profits near the next Fib line close to 11300 Sats             . Lets Gamble.
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