Hi traders! Here is an update on Ripple and what exactly it's doing. As mentioned in the chart we will not see any major price movement (trend) unless we get a breakout (up or down) from the trading range. Ripple could be headed to test the support again (around $0.9) before a bounce to the upside, which will be a great entry point for long holders.
I'll keep this idea updated as much as possible.
Best of luck - Abdulla
评论
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Hi! Here is a small update on Ripple. As you can see, Ripple has established a trading range within the major trading range (which is totally normal and happens all the time).
Hi, good TA. You see that XRP could resume an uptrend without having to try a zone of $ 0.8 again. I already rejected three times zone of $ 1.14. For now I see that XRP is for now more linked to the evolution of BTC than to its own perfomance. A few minutes ago, BTC sighed and immediately reacted XRP. Tks
Hi, where do you think XRP goes next days? For now I see that it is very weak, without volume and depends almost exclusively on BTC. tks
UnknownUnicorn2000701
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I have a question: does it make sense to invest in the Altcoins, if they are dependent on bitcoin anyway?
Sekundar
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@N.antoschka, This will be the year that changes, first movers in any industry have to stay competitive to maintain their foothold, fundamentals of capitalism.
Unfortunately for Bitcoin, it is not staying relevant:
@N.antoschka, altcoins grow much more % much faster, than btc, check coinmarket cap historic 1 yr chart, for neo, xrp, Xlm, LTC and compare that grow with btc..
GerbenDeZeeuw
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Thank you very much for updating your ideas on a regular basis. Much appreciated.