CoinBlank

XRP: May be a Bottom

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BITSTAMP:XRPUSD   瑞波幣
I know what I said in my last piece about XRP, but I think I should rescind that for a good reason. We can see in the 4-hour that the top of our downtrend line is going to meet with our bottom support line very soon and the momentum indicators had just performed a TK cross. We should see a breakout over the next 4-5 days if this cross is sustained, which I think it will.
The asset is undervalued anyways, so it's no question that .234 cents is already a good price, but gains are gains.
I simply cannot wait to see the effects of the BTC halving in May and how that plays out over the following 12-18 months.

Happy trading.

-LB
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