Okay so looks like a cup and handle forming ?
Perhaps a breakout is imminent! BTC looks strong, and is also close to breaking out of the 10300 USD mark.
But again who knows so lets just get the popcorn out and see what happens
Just putting this out there to see what happens. Learning as I go
obviously if it breaks supports its going down, also dependent on news headlines.
I also reckon the market may just move sideways for a few months before it begins to pickup again towards the middle of the year
Can we break out of another long term trend !? also a couple of resistance levels to beat at the same time.
I bought some at .88 USD after the previous breakout. Take the 15% profits or gamble and aim for higher.
if it breaks down, should find good support at 0.85-0.9 usd. Potential upper gains worth the downside. I'll HODL ! woot woot
People may take...
XRPBTC- History, resistance and trends
Looking at the previous history, Ripple has bottomed out hard, will it happen again ? Im not sure, however I feel if it breaks the down trend line it may be a bullish sign.
shall have to wait and see.