Hello Traders,
Ripple has suffered quite a lot recently (lawsuits) despite the fact that they are making partnership with banks almost every week.
It is important to note that Asian banks are already implementing Xrapid technology, and Japan will release First consumer based app (MoneyTap) late this year. I am very bullish on Ripple and there are still enormous potential.
Looking at the chart, we see that Ripple has attempted to break red triangle 3 times already. If there is no more negative news in cryptocurrency community in next few days, I expect it to contest EMA200 line.
Looking at RSI, there are still plenty room to grow and MACD indicates that Ripple is gaining momentum. I would set my initial sell order (25%) around 0.00009172BTC.
Happy Trading!
Ripple has suffered quite a lot recently (lawsuits) despite the fact that they are making partnership with banks almost every week.
It is important to note that Asian banks are already implementing Xrapid technology, and Japan will release First consumer based app (MoneyTap) late this year. I am very bullish on Ripple and there are still enormous potential.
Looking at the chart, we see that Ripple has attempted to break red triangle 3 times already. If there is no more negative news in cryptocurrency community in next few days, I expect it to contest EMA200 line.
Looking at RSI, there are still plenty room to grow and MACD indicates that Ripple is gaining momentum. I would set my initial sell order (25%) around 0.00009172BTC.
Happy Trading!