Ripple seems to be riding down the bullish flag preparing for another launch in price..it would be no surprise with the recent attention it has received in the media and with banks. Looks like a good buying point as the RSI has somewhat bottomed and may be increasing again.
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Maybe wait till it hits that bottom trend line to buy in
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It looks almost like more of a pennant than a flag if redrawn
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Once it hits that long term trend line underneath it it is going to pop up...should see big growth from consensus on monday
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simonklasz
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When do you think it will start to pop off? When btc starts selling into xrp
nschairer
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@simonklasz, yeah definitely, I think consensus next week is gonna pump a lot of currencies up as well so it could be a few days
simonklasz
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@nschairer, sounds about right ! I'm still holding some xrp which I'm not sure if that was a good idea right now .
nschairer
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@simonklasz, Yeah its making me nervous too however long term ripple is gonna continue to go up