XRP likely to remain stable with best-case scenario of $0.3

To follow up my previous post, I think XRP will remain relatively stable. The best-case would be $0.3 by the end of 2017 with possibilities of minor retracement.

Market enthusiasm clearly isn't with Ripple at the moment. Whenever indicators reach overbought territory, price is likely to fall, but very briefly.

Some may think the chart resembles a pennant, which may suggest upwards continuation. However, I personally think the upside is limited.
Technical IndicatorsrippleTrend AnalysisWave Analysisxrp

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