GOAT1375

XRP - What Happens Next?

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BITSTAMP:XRPUSD   Ripple
Hi, this is my new update for XRP. After a breakout from the black trendline on 8th November, we had a chance to start our bullrun but unfortunately the BTC price dropped and that led to a drop in XRP too. Now we are below it again and that indicates the red trendline is more accurate than the black one. Fortunately after a big fall from $1.35 we found a small support level around $1.14-1.16, but if we break it the next support is around $1.05. I expect we are going to hold the $1.15 support level, because the RSI is still above 50 and the MACD recently tested a support level and I hope we are going to hold it + that we are in uptrend and we have not set a lower low. I expect as long as we are below these two trendlines we are ranging until it gets very tight, but once we break those trendlines we are ready to takeoff, so be patient and don't panic ;)
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