Is XRP really Bullish??

Well, the moving averages that you see in RED and ORANGE are 200 MA and 50 MA respectively. When 50 MA crosses down 200 MA it is called a death cross and that means if XRP fails to close above 50 MA on a daily scale ASAP this cross will happen and that means lower prices. Also I want to mention here that the basic reason for the XRP low prices lately is due to the Law suit against Ripple, hearing is due on the 22nd of Feb so I think until then we may see only lower lows and lower highs provided that on 22nd we hear some positive sentiments in favor of ripple. Just wanted to give you guys a heads up since there is a lot of content being published as 'Bullish' about XRP.

Thanks.

This is only for educational purposes. Before taking a long OR short DYOR.