Ripple - The Best Weekend Ever(ish)!
In my last chart I called the bottom at .43 where I hope some of you were able to pickup some XRP.
XRP like BTC seems to have hit its bottom (at least for this cycle) and we should be moving up to test some of the higher resistance areas before we move on.
XRP double bottomed and reversed which is what has brought us to current prices. Given the direction BTC appears to be moving as well as the chart for XRP it looks like we will see .50 before the end of the weekend.
Is this the bottom before the bull run? Time will tell. Once we hit .50 the chart a pattern will have emerged that will give us a clearer idea of where we go next.
It seems like we are entering a reversal period - but I am waiting for more than a days trading to confirm that. XRP is still a bargain relative to where we know its going - its still very much a "buyers market" which isn't a terrible thing - we won't be see these low entry points for long.
XRP like BTC seems to have hit its bottom (at least for this cycle) and we should be moving up to test some of the higher resistance areas before we move on.
XRP double bottomed and reversed which is what has brought us to current prices. Given the direction BTC appears to be moving as well as the chart for XRP it looks like we will see .50 before the end of the weekend.
Is this the bottom before the bull run? Time will tell. Once we hit .50 the chart a pattern will have emerged that will give us a clearer idea of where we go next.
It seems like we are entering a reversal period - but I am waiting for more than a days trading to confirm that. XRP is still a bargain relative to where we know its going - its still very much a "buyers market" which isn't a terrible thing - we won't be see these low entry points for long.
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