I am back with another Idea, this time looking at XRP.
XRP was in a triangle formation from which is has broken upwards and have not seen a major move, just yet.
It has seen some move, but very light one, only about 6%.
shows clear uptrend currently in a bullish level above 60.
Daily has found support at 40 from where it has bounced.
EMAs shows buy signal.
So the overall downtrend has been broken.
Bitcoin is pretty and XRP is pretty behind Ethereum , so he has a lot to catch up.
These are all good signs, even that XRP is so behind of Ethereum , because do not forget, that XRP has pasted Ethereum many times, even for some days!
I am not saying that XRP will overcome Ethereum , I am just saying that strong move is expected if Bitcoin remains as it is now!
Hope you have liked my idea, if you agree with it, dont forget to leave that "agree button" blue.
Thanks, and as always I will keep you updated.
Quick look at daily chart.
RSI has to find support at previous resistance, or bounce from 40 level.
MACD is still showing steady buying wave.
0,32$ is current support.