XRP - Downward Trend

2018年1月12日

XRPUSD is an a steep downward trend with the potential to break out in the next couple of hours. XRP has moved up very strongly from the 1.65 range which is double bottom. I think we see a nice pop to upside or we are going to stay in the trending channel downward. I won't be surprise to see it test 1.65 again before we move up. The entire move since early December has happened without any pause or consolidation. So don't be surprised if it remains range bound between 2.10 and 1.65 for a while. Which in the world of cryptos could be a couple of hours.