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sebfoobar
Feb 10, 2018 12:58 AM

XRP back in uptrend 

XRP / EuroBitstamp

Description

Before christmas XRP went on a tear and then entered a big correction following the BTC drop, it corrected more than 78% of the "christmas" advance found support around 0.45 EUR and started bouncing slowly.

XRP has now clear the main downtrend going from ATH and is heading towards the middle of the BB at 0.85 eur, which would signal a short term run to 1.25 eur (top of the BB).

Of course it is still following BTC in this bounce.

The major signal that I am looking at is a cross of the daily MACD.
Comments
sebfoobar
the MACD has crossed, we are above the middle of BB

looking good

sebfoobar
@sebfoobar, heading for 1.2
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