Ripple Breaks its Range

Although volatility in Ripple has dramatically subsided since January, it is on a clear downtrend. Like other coins, it has broken down from its range, and is currently finding support from $0.74. What appeared to be a bull wedge has been invalidated as we’ve broken the trend line at $0.76. The Kovach Momentum Indicators are still very bearish . The only consolation is that they appear to have peaked and must eventually turn up soon. The ranging period has made Elliott Wave analysis difficult, but we appear to be awaiting the next leg of the impulse phase. We are getting very comfortable in the $0.70 handle, currently finding support from $0.74. The next level is $0.70. From above, we have $0.79, then a fairly dense collection of levels concentrated in the $0.80’s at $0.82, $0.83 and $0.85.

Interested in the Altcoin Index and the Crypto Spread Indicator? Check them out here!

For daily commentary on cryptocurrencies, subscribe to our newsletter!
Check out my indicators!
so. whats the comment now? all supports given have not played.
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 价格 网站规则 版主 网站 & 经纪商解决方案 插件 图表解决方案 寻求帮助 功能请求 博客 & 新闻 常见问题 维基百科 Twitter
概述 个人资料设置 账号和账单 TradingView代币 我的客服工单 寻求帮助 已发表观点 粉丝 正在关注 私人消息 聊天 退出