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AmazinRaisin

Long the Blood

Long
XRP (BITSTAMP:XRPUSD)  
AmazinRaisin Updated   
BITSTAMP:XRPUSD   XRP
Trend Analysis
11
3
trendanalysis
XRP has some major FUD causing weak hands to panic sell. Looking at the charts there's three big things going for the bulls right now. XRP is on high time frame support which will have a very high probability of a bounce. Also, there's hidden bullish divergence on the daily RSI. This means there's likely a trend reversal for price action to move up in the near future. Finally, the 200 moving average is at high time frame support. With all this bullish information on the charts, this no doubt is one of the best spots to long. Twitter is so bearish too. Everybody has already shorted or panic sold it seems like. Being a contrarian and longing feels like the right move

This is not financial advice
Comment:
snapshot

There's weekly bullish divergence on XRP/BTC RSI. It still feels like to me the worst it over and XRP is near a bottom
Comment:
If not bottomed already
Comment:
snapshot

There's Bullish Divergence on the RSI for the daily chart for XRP/BTC chart too
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