justsomeguy

XRP: Bullish

Long
KRAKEN:XRPUSD   XRP
Full disclosure: I don't currently hold any XRP. I am, however, strongly considering buying a bit to play around with.

We've seen some pretty solid upward trends for the past two months. Higher highs, and higher lows -- what's not to like?

If these trends continue to hold we should see at least .23 by the end of the year.

$0.195 Decent looking support, but nothing is set in stone
$0.210 First resistance point (weak)
$0.214 Second resistance point (weak)
$0.233 Third resistance point (strong)

I'll be watching if we bounce off of $0.195 again. If we do I'll likely be placing a buy order and holding it for a few months.
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