I've been long BINANCE:XRPBTC
since November of 2017. It's pretty different than other cryptos, at least in a sense. The long-term goals of bringing efficiencies to the bloated traditional financial industry, in my opinion, means that BINANCE:XRPBTC
has nowhere to go but up in the long run. We've seen major movements as BINANCE:XRPBTC
rapidly moves on the charts, making it very difficult to predict prices movements. So as someone that looks long-term on this trade, I'm not looking to trade every little movement, but the longer trends that we can see using volume
spikes and moving averages. The cross that we saw on the 10th did not have the volume
behind it that previous crosses have had and the price is right around the initial cross point.
I'm going to keep an eye on BINANCE:XRPBTC
here. I'm not convinced that we'll rally again, only time will tell.
I'd like to hear your thoughts on BINANCE:XRPBTC
! Will we see a rally or are we going to see a dip? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***