XRP has been beaten around the last few weeks - in large part due to the BTC gain and subsequent selloff.
The good news is we look like we are on the bottom of the right side pattern for BTC/USD
XRP/USD is the lowest it has been in a long time. Those who invested in Ripple based on the fundamentals should still have those fundamentals and invest in the coin...
It looks like XRP has double bottomed in convincing fashion which usually indicates a reversal.
BTC also grew at a rapid pace - so value relative to Bitcoin has suffered.
As weve seen in previous Bitcoin bull runs - they are usually accompanied by a flood of liquidity into alt coins.
Bitcoin will either slow down or Ripple will catch up. It looks like we will...
