TitoKnowsBest

XRP showing strength in the chart

Long
BINANCE:XRPEUR   XRP / Euro
It is very clear here that even when the rest of the altcoins dropped 2-5 % due to BTC dropping around 1-2% overnight, XRP did not move at all, and on my board, it was the only one that was remaining still green, meaning that it shows strength and it shows that there are almost no people actually selling their XRP right now. Regardless, it seems that a lot of ppl have stacked XRP and are waiting for some further news now as the end of the case with the SEC should be coming to an end soon, this is a big risky bet as this can drive the price really high up if they win the case, but in the case that they lose to the SEC, it would also plummet the price quite low as we would see a big sell-off due to mass FEAR.

The Total3 chart speaks a whole different game, there we see very bullish movement and a clear bottom that has formed also on total3 but also on the XRP chart. We are sure to make a move upwards at least toward the retracement levels at the .786 FIB and this is where we will be able to see what would really happen.

Overall, I am long on XRP as the strength of the chart looks good to me, this is NOT financial advice and just my opinion/prediction.

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