Doing analysis on XRP- since my last couple videos, we've returned to support and the market is in a consolidation period. Bulls are looking for entry, and Bears are becoming increasingly nervous- you can tell by the severity of dips after short term support is broken. Currently we're seeing higher lows on smaller timeframes and an oversold stochastic on larger timeframes.
We're also at support with BTC/XRP, and SBI is going live on July 31st- so to me, it's not if it's a good time to get XRP, but when.
I'm looking at a tight stop entry in the potential near future with aggressive stops, and failing that, a broader entry around support after price touches .28
Thanks for watching, let me know what you think.
We're also at support with BTC/XRP, and SBI is going live on July 31st- so to me, it's not if it's a good time to get XRP, but when.
I'm looking at a tight stop entry in the potential near future with aggressive stops, and failing that, a broader entry around support after price touches .28
Thanks for watching, let me know what you think.
