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bono_trade-avenue
21 jan 2018 05:20

XRP on life support? 

XRP / U.S. dollarBitstamp

Beskrivning

This is a 4 Hour chart. We are trending down folks......

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....alt scenario if current trend holds.....

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We have plenty of support the this level $1.3-1.5 at the moment.
We are currently oversold which is a good sign.
Which means that we will continue at this current price range.

For how long? That's the question. So, I would say hold for now
and continue to monitor the XRP.

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Update: We have a trigger in a 1-hour chart.
At the moment, more people are buying than selling.
That is a healthy sign but XRP is close to being overbought,
which may suggest that this maybe be a slow rise
and can be a good entry point.
Also this means that we are stuck at the current price range.

Kommentera

Update: We have a trigger in a 1-hour chart.
At the moment, more people are buying than selling.
That is a healthy sign but XRP is close to being overbought,
which may suggest that this maybe be a slow rise
and can be a good entry point.
Also this means that we are stuck at the current price range.
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FDZinvestor
Great analysis!
Mer