robin.bak
Long

XRPUSD facing resistance, possible bearish towards 0,80

BITSTAMP:XRPUSD   XRP / U.S. Dollar
Goodmorning folks! As we can see from earlier predictions, Ripple is still in control by the bears after a huge buy-in around 0,85 levels. My models suggest that Ripple goes down at least once more, heading towards 0,80 levels, unless it breaks the current resistance. If you are looking for a buying opportunity, wait and see how it reacts on the yellow resistance line. After that, we should begin to see Ripple slide all the way back to previous highs :-),

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Comments

Yellow line broke, so we going up. Right?
+1 Reply
robin.bak RomanSvet
@RomanSvet, That's right! Expect Ripple to go towards 2.00
Reply
Good analysis thanks.
+1 Reply
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