Hey, Guys! Hope you are all doing great. Today is another perfect day so lets get into our daily analysis. Ripple is the first candidate today.
Just noticed this enigmatic "breakpoint" at 0.99 level! Who wins -the Bull or Bear? RSI is probably going to fall down further a bit with an upcoming retracement - "back to the moon" ? The market fundamentals are in favour of Ripple as RippleNet strengthens emerging markets access into India, Brazil and China. And one more crucial thing : The head of South Korea’s financial regulator and watchdog has now confirmed the government will support cryptocurrency trading while encouraging banks to facilitate transactions with exchanges, effectively killing any fears of a rumoured ban. So it seems like the situation around the cryptomarket is finally stabilising opening the road back to the SKY (SKY is not the limit).
Be cautious folks. This could be a fall down to 0.78!
Hedge your positions + Diversify!
Have a nice day ^^
Just noticed this enigmatic "breakpoint" at 0.99 level! Who wins -the Bull or Bear? RSI is probably going to fall down further a bit with an upcoming retracement - "back to the moon" ? The market fundamentals are in favour of Ripple as RippleNet strengthens emerging markets access into India, Brazil and China. And one more crucial thing : The head of South Korea’s financial regulator and watchdog has now confirmed the government will support cryptocurrency trading while encouraging banks to facilitate transactions with exchanges, effectively killing any fears of a rumoured ban. So it seems like the situation around the cryptomarket is finally stabilising opening the road back to the SKY (SKY is not the limit).
Be cautious folks. This could be a fall down to 0.78!
Hedge your positions + Diversify!
Have a nice day ^^
Comment:
Downside TRIGGERED!