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Simple_Renko
Nov 29, 2017 6:53 PM

XRPUSD on the way to a breakout? Long

XRP / U.S. dollarBitstamp

Description

The Cryptos tend to move in tandem most of the time. XRP is small, yet very mighty. It is a centralized crypto next to its older siblings (LTC, ETH, BTC) who don't have any centralization. Tailored for use by banks and institutions, the future for XRP sounds pretty promising. With rising lows, nice areas of demand forming on the way up, and little in the way of big sellers, the path of least resistance seems to be UP, so I think that we should be thinking LONG. Enjoy! I hope that this has been helpful for you!
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