The price bounced from 0.200000 support level. RSI confirmed price reversal. MACD histogram supports upward movement and DMI allows opening long trades. It's buy opportunity and we can try to join to possible upward movement. Pending orders for buy should be placed above the nearest resistance at 0.216000 level. Stop orders must be at 0.197000 level. Profit targets can be 0.240000 and 0.280000 levels.
Thank you for the analysis, very appreciated.
I have invested in Ripple at its beginning, so far I'm very disappointed about its performance. Hope it will have a better stronger future.
DLavrov
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@ashrafkotb, In long run it has good potential for reaching new highs.
BitcoinKing2017
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Ripple is very bad coin......
UnknownUnicorn1569840
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@theclosetlab, why?
BitcoinKing2017
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@biinjo, we have to hold sol long to gain profit
ownly
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Thanks for the analysis! Do you think the BCH/BTC battle will affect altcoins like XRP?
I have invested in Ripple at its beginning, so far I'm very disappointed about its performance. Hope it will have a better stronger future.