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mumbojam
5 Th01 2018 23:09

Ripple Outlook 

XRP / U.S. dollarBitstamp

Mô tả

If the price can hold the uptrend support expect a strong move upward and use Fibonacci for Profit Taking Areas.
If the uptrend supports are broken open a short on Ripple Futures or Ripple and also use Fibonacci for Profit Taking Areas.

Possibly being way to overhyped / valued? Seems like a large portion of buyers are chasing the profit opportunity or new people that aren't putting fundamental knowledge in place.

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Seems as if the Bounce has occurred but not a very strong one. We seem to still be below high swings Resistance so I would not expect a strong move upward just yet. I would possibly expect some consolidation in the swing resistance and uptrend support given that it is the weekend unless something else happens.

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Another swing at the resistance awaiting breakout of red resistance would be good area to open a long trade. If a failed resistance happens near end would expect to fall to test next support.

gn.

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Not a strong breakout of that swing resistance.
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mumbojam
@bigggiii, It's going to take a lot of effort to pump ripple not some small little group lol.
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