The price came back above 0.1850 support level and broke the downtrend line. It's a signal that probably we'll see a new upward movement. We must be ready to join the main up trend.
Correction is almost over. Steady increase if BTC stays healthy or could fall with BTC. or Good news releases for XRP and thus takes its own path. Trade safely my friends.
Check the chart, with a lot of events and positive developments upcoming. This XRP looks pausing and ready to launch up!
Recently I posted my XRP trade idea. After further chart analysis I've decided that my last prediction was wrong and I now need to update. Here's my updated idea that's going to make us all Rich ;)
I'm grabbing entries off the .786 as I expect Ripple to break out of of this consolidation period and go into a ascending triangle. I will sell my position once price hits the previous resistance. Once price breaks out of the ascending triangle I will make another entry and my target is at 0.000375
Here's what I see happening at the end of this massive bullish pennant (in no particular order): 1) 75 & 100 day moving averages about to cross 2) touching support - held yet again 3) touching sekou span A - usually a good sign a trend reversal is about to happen 4) Stochastic indicator showing oversold condition with imminent crossover 5) touching edge of...