Ripple Trading Opportunity

23 thg 7, 2017

In the aftermath of the Bitcoin storm of the past weeks, the whole altcoin market was shaken with it. Now things start to stabilize, new trading opportunities occur. If we look at the different used indicators and trendlines, a cross between downward and upward trendlines occur. This can indicate strong price movement as shown by the high ADX line of the Directional Movement Index. From the Relative Strength Index, we can conclude that there is room for upward movement. If this behaviour is confirmed by a bullish cross of the MACD indicator. Profit levels can be quite high as XRP has been in a bear market after the breakout in May.