Gulpz

XRP Bounce On Favors after consolidation breakout 0.25. Q1 2019

From early October to November XRP was consolidated@Hold by stakeholders due to bearish pull back from all time high on Q4 2018 0.75~0.8. Support was created for 2019 at 0.4~0.45 which enable entry point for breakout barrierat 0.5. Current trend will favor towards testing another resistance level thus when bullish breakout occur XRP tend to rise above 0.6 optimistically. Xrapid rumors blasted out during early September created a healthy trend which indicate XRP is the only coin that bounce back from 0.2 Dollars to 0.5. Q1 2019 was shown towards conservative EW and more aggressive trend on Orange EW. RSI pointed a buy signal for 45M chart
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.