suprteacher

XRP in a neutral zone..buy the rumor, sell the news

suprteacher Updated   
Looking at the XRP chart, buying the rumor and selling the news is what I'm looking at. You can see that there's a wedge forming where the 9 and 25 MA are converging. Under different circumstances I would hold tight and see what happens.

However with the rumors over Coinbase and the TV appearance tomorrow night..I'd say this is going to go to $1.20, then based on the announcement (or lack of an announcement) see XRP either go back to the $0.90 area, or up to the $1.76 plus area.

Comment:
Coinbase tweeted that they aren't adding Ripple (XRP). Going to see the price come back down to earth
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