Ripple analysis (1hr)

28 thg 8, 2017

Probably a bullish falling wedge pattern (reversal) forming.
RSI also shows bullish divergence.

But DMI shows a bearish trend, so I do not recommend buying now.
However, sellers are weakening.

Pending buy orders may be placed above the local swing high at .205 – .208

Good luck!

28 thg 8, 2017

Ghi chú

The market broke the resistance, I think this is a good signal to buy.

28 thg 8, 2017

Ghi chú

XRP excellently broke through the resistance and reached almost 20% growth. At the moment it seems very likely that a bull pennant is being formed. But you need to be careful, this pattern sometimes does not work.