Tmcointrade
Long

XRP/BTC price stabilizing

BITSTAMP:XRPBTC   Ripple / Bitcoin
XRP/BTC peaked at 0.0002203 on 1/4/2018. Recent price correction was expected and it occured at 0.00015434.

The new support & resistance trend lines have formed at 0.000169 & 0.000158.

It remains to be seen if the new trendlines will remain bullish and stay ascending trend lines as seen in the bright neon green color.

Or it may continue to stabilize further in price between 0.00168 & 0.00153.

For now, my position is to continue to hold with the goal of hitting 0.000261.

The next upward breakout is predicted to hit 0.000261 .Wait to cash in on the next upward breakout with sell 25% of holdings at 0.00026152 then buy back in for more!



***This is my opinion only. Please remember to invest at your own risk.***

If you like my analysis,
Bitcoin: 1CP5a6w7wCuttMSFdZLhgfmYuN2gtK2ufd
Ethereum: 0x02359B699CF508Ffd7056634326381fAdA5890B7
TRX: 0x02359B699CF508Ffd7056634326381fAdA5890B7
To trade altcoin on Binance Exchange, register using: http://www.binance.com/?ref=17907836

Comment: 0.00009 is the new support (the bottom). Resistance (next peak) will form near 0.00015.
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