We have really formed a nice base on Ripple here. You can see that we have held this 30 cent area for quite some time and continue to move sideways. While the MACD and RSI really are telling us a lot with the USD pair. If we look over to XRP/BTC we get a much more telling story. We can see the area that Ripple is coming down to an area that Ripple has bounced off of a couple times in the past. We are entering a major support zone. I would imagine that we will bounce of one of these area which will cause another massive spike in XRP to occur similar to the last couple times. Also, check out RSI on XRP/BTC, getting into major oversold territory.
Best of luck, happy trading and hodling,
-Sherem
Best of luck, happy trading and hodling,
-Sherem
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last idea for reference :
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It begins.
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It continues.
If we bust 50 cents, we will move to $1 in a hurry.
If we bust 50 cents, we will move to $1 in a hurry.