Most of you probably follow BTC so I wont bore you with the details. My analysis says BTC is falling and will continue to fall until it bottoms. Ripple is in a similar situation even though the charts look different.
It looks like Ripple has formed a small H&S and it looks like it will begin tracing the right side.
If you look at the volume and the buy side pressure as well as other technical indicators - its very likely that the current trend will bring us a $0.50 USD Ripple.
I think Ripple at $0.50 will grow a lot faster than BTC when it begins its recovery - but do your own due diligence!
It looks like Ripple has formed a small H&S and it looks like it will begin tracing the right side.
If you look at the volume and the buy side pressure as well as other technical indicators - its very likely that the current trend will bring us a $0.50 USD Ripple.
I think Ripple at $0.50 will grow a lot faster than BTC when it begins its recovery - but do your own due diligence!