btcinvests

XRPBTC (2D): Be watchful at Ripple.

POLONIEX:XRPBTC   XRP / Bitcoin
The development at Ripple has been quite boring lately.

Many have hoped that the trend reversal is coming soon. However, technical analysis still advises caution.

There are still not enough positive indicators. Ripple broke the long term support down. And also the long-term Fibo 0.236.

The next support could be the short-term Fibo (0.236) at 0.00005814. Even if this does not hold, only the two long-term support lines at 0.00005110 and 0.00003166 are interesting again.


Let's see what happens. Happy trading. :-)
Comment: as expected. next support line ahead ...

Comment: as expected. support line reached. be watchful.

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German Bitcoin Consultant · Trading · Research · Investing

Investing in Bitcoin and Cryptocoins since 2014.
Trading experience for over thirty years.



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