Volume is increasing on XRP which means the price should increase. I personally feel like now is the time to buy XRP (anytime its below 50 cents its a steal).
Charting the USD/XRP pair has been challenging as BTC has continued to move sideways.
In my previous charts XRP flirted with my targest but has remained bearish.
Bear markets are great for people like me who will buy XRP. My target is always 0.50 - so to be able to buy it in the .40 - .60 range has been a treat.
The minute BTC turns around we are easily a .70-.80 Ripple - very quickly.
The chart is similar to the BTC chart. There was a double bottom reversal - we should be moving up at this point. 0.55 is an area we need to get through. One day ripple will be strong enough to move independently but unfortunately we seem to be at the mercy of BTC and its movement (or lack there of).
I looks like we bottomed and are recovering this morning. I expect XRP over the next 3 days to get back in the .50 range and start looking toward the .60s.
Charting the USD/XRP pair has been challenging as BTC has continued to move sideways.
In my previous charts XRP flirted with my targest but has remained bearish.
Bear markets are great for people like me who will buy XRP. My target is always 0.50 - so to be able to buy it in the .40 - .60 range has been a treat.
The minute BTC turns around we are easily a .70-.80 Ripple - very quickly.
The chart is similar to the BTC chart. There was a double bottom reversal - we should be moving up at this point. 0.55 is an area we need to get through. One day ripple will be strong enough to move independently but unfortunately we seem to be at the mercy of BTC and its movement (or lack there of).
I looks like we bottomed and are recovering this morning. I expect XRP over the next 3 days to get back in the .50 range and start looking toward the .60s.
The BTC chart looks almost identical to XRP right now with the same indication of a reversal (at least in the short term). Until XRP starts to move more independently its a good idea to keep and eye on both charts - XRP should have more upside as BTC appreciates.