Pretty self explanatory.
Ripple seems to be a victim of it's own success - it's market cap is one of the largest, so pumping it is really expensive, but the % return is not so great.. Maybe the reason it didn't receive much pumping activity since december 2017.
The double flat bottom looks good, it might start grinding up from now.
Waiting for confirmation which direction market will go.
If it breaks horizontal support - probably going into a descending channel. Could be a flash crash shakeout. Bear scenario is sure only if it stays for longer under the support.
We're only in the bullish territory for sure, once VFI breaks through zero. So far bears could still be in control.
Ripple seems to be a victim of it's own success - it's market cap is one of the largest, so pumping it is really expensive, but the % return is not so great.. Maybe the reason it didn't receive much pumping activity since december 2017.
The double flat bottom looks good, it might start grinding up from now.
Waiting for confirmation which direction market will go.
If it breaks horizontal support - probably going into a descending channel. Could be a flash crash shakeout. Bear scenario is sure only if it stays for longer under the support.
We're only in the bullish territory for sure, once VFI breaks through zero. So far bears could still be in control.