ridethepig
Long

ridethepig | XRP Market Commentary 2020.02.21

BITFINEX:XRPUSD   XRP / U.S. Dollar
It is well known that the latest retrace was able to conduct a violent sweep in both directions which makes this middlegame area very credible. It is going to act as a strong floor in the later stages of the cycle (outside of the discussions for today). One of the main highlights is coming from BTC which has had the ability to gather first plenty of speed in the early stages and momentum to tackle the break. The case is no less imaginative for XRP here:


The great mobility of the king, carrying the crypto board is constituting as one of the most important factors in this middlegame. The specifics on XRP are becoming less and less relevant in relation to price (scarily as is usually the case with exuberance). So it must be developed (Visa integration can do the heavy lifting !!!!) as we approach nearer the battlefield.


Good luck all those loaded in the crypto markets, a very happy @ridethepig here with a huge grin on my face for the weekend. Thanks for keeping the support coming with likes, comments and etc!

Comments

Interesting idea
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out