xzod

XRP Daily chart did not break resistant from last bounce. +++Buy

KRAKEN:XRPUSD   Ripple / U.S. Dollar
Looks like there was a short live euphoria in about 6 hours ago when the CEO             of Ripple, Brad Garlinghouse announce partnership with MoneyGram https://twitter.com/bgarlinghouse/status/951458079777763328

Naturally, the market rejoiced on such news and we saw a rapid climb bouncing off the support line but unfortunately did not break the resistant at $2.75

However, this is a great buy opportunity to those who missed the entry prices.

If you have xrp is your bag, keep hodling. If you want to buy, wait for confirmation on the bounce to sustain with

From my last analysis, everything remains the same. Support level is still being respected .

EMA is heading towards a cross-over with the MA. If this support level breaks, it is possible to go down even furthur towards $1.40.

Anyway, I am quite optimistic about Ripple future despite the FUD in the web. You can't find with great fundamentals of a business.


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