CryptonikLion
Long

XRPusd short term outlook

POLONIEX:XRPUSD   XRP / U.S. Dollar
I like the price action on XRP,because in the last 2 days XRP showed bullish price action giving gains around 7% a day,While BTC was not performing that well,so that's very interesting to point out.
-Since we are in a down trend you can try to short,but If you think to short i want to point out that i think XRP hit the bottom,so your gains will not very big.
-I think that the price will come a bit down around 0.165-0.16 and will try to find support and consolidate and a trend reversal must follow.

-My advice is to enter in a long position around 0.165-0.16 price range.





-This is not a financial advice.This is just my analysis.So make sure to analyse for your-self and you are responsible for your trade or investment
Have a nice day!
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