jcgordon

XRP hasn't mananged to pierce the Ichimoku cloud yet

BITFINEX:XRPUSD   XRP / U.S. Dollar
Continuing from my previous idea for a potential short-term increase in XRP, the lagging span has so far failed to pierce the Ichimoku cloud . Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a futher downtrend. The last green candle met resistance at the upper Bollinger band . So unless the lagging span clears above the cloud, XRP continues to be bearish .
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