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mycotoxin

XRP coming down to bounce at .319

XRP (BITFINEX:XRPUSD)  
mycotoxin Updated   
BITFINEX:XRPUSD   XRP
Trend Analysis
6
8
trendanalysis
XRP coming down to bounce at .319
then will either move lower to to .25
or move higher to .58
Comment:
Silly tricks ,,,,,,,this upward move has to be a bull-trap as its moving in the opposite direction of the Moving averages . The MA200 (the big boss) points to the current direction and the MA200 is currently pointing down and not up.
Comment:
Comment:
XRPs behavior has be stumped and I suspect this is a very short term move up as the angle between the candle and the trend line is too steep - its about 75 degree...
it looks like the some of the ALTS are decoupling from BTCs behavior as they are not dropping as fast as BTC
Comment:
All that said , im still very confident XRP will drop lower to the .319 level
Comment:
still looks down to me ..

Down
Comment:
Looking at BTCs path im incorrect and XRP should move up to .77 ...
I still think XRP will come to the .31 level but not just yet
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