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hmmmhmmm
Jan 9, 2018 12:09 PM

Possible scenarios for XRP 

XRP / U.S. dollarBitstamp

Description

Based on the 4hr log chart, the uptrend and downtrend cross at two points
1.67$ or 2.04$
Any close below 1.64 will throw the prices out of uptrend

Comment

Still moving inside the trend lines.

Comment

critical levels...

Comment

seem like we are out of the uptrend channel..
possible supports are 1.65 again and if that does not hold 1.17
Comments
wibholm14
Went down to about 1.67$ as you predicted a couple of hours ago and then fired right back up. Well done.
Where do you see ripple going from here? Short and long term?
hmmmhmmm
@wibholm14, thank you.
Not a trading advice but IMHO:

Short Term: It is very hard to estimate as the market fluctuates heavily now. That is why I closed my positions on Ripple until I see clear indications upward. So watch the channels closely.
Mid Term: As long as the prices stay in the uptrend we can see another move up. My concern is the RSI divergence which to keep an eye on.
Long Term: I think that the price will increase in the long term after this needed correction.
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