On the , we've got a crossover, and sell-side has increased on the chart. If XRP maintains support in this area, a reversal back to the upside could play out. As I said before, the inverse pattern is still valid, and it will remain valid, unless price action really starts to break down.
On the upside, a break above the red will be very . For now, keep a close eye on the 786, and the neckline resistance on the upside. This has been your not-so-humble market wizard, droppin' knowledge like bombs in this place! Please follow, comment, like, and share on social media. Good luck trading everyone!
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
-Magic loves you-
Truth is that... Xrp is not beeing used.
Companies are TRYING Xrapid Xrp and Xcurrent. It is beeing tried out. Not used, not adopted. That is why the price is not raising.
Ripple is a startup that emerged recently, and that could close soon, this is a principle of a startup and its dangers.
Traders need to use their money the smart way instead of Hodling this asset and breaking their jaws.
Xrp should only to be bought as soon as we are aware of good news, and to be sold when investors are in complete FOMO and the price is in a quick local high.
This is an opportunity coin, that i like a lot for this reason, quick buy, quick sell. But that's all yet.
Are they using it, or are they trying and testing it, because it is not the same at all and it is not because a "partnership" is signed, that these companies adopted Ripple payment processes, all i saw was try out partnerships so far. I might be wrong
This startup is not clear at all, to me it looks like this company is 90% marketing, 5% use, 5% unclear.