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SR618
Apr 15, 2019 4:22 AM

XRP still garbage. . .  Short

XRP / DollarBitfinex

Description

As expected as soon as the crypto leader LTC started showing weakness garbage coins like XRP have given back all its gains from the week before. Now bouncing back down around the 20 and 50sma. Stoch still not oversold so there is still room for it to go lower.

If XRP can ever get above the 200ma, then it might be worth considering going long.

Is there a bullish case for Ripple? If there is please share.
Comments
IgorPorokh
@SR618 Hi,What do you think about my idea ?

teknoaxe
I've got a new resistance line to clear for XRP now. Even if the support holds, it'll probably be some time before it clears that resistance line.
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