catnip_

XRP possibly preparing for a massive upward movement

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catnip_ Uppdaterad   
BITSTAMP:XRPUSD   Ripple
Supports and resistances are squishing XRP's price volatility, setting up a big movement. Extremely low price volatility and volume at the moment. XRP.D is low as well. Token sentiment is also very negative. Price is still below the rising MA200, which is a buy. Fixed range volume profile gives us a short-term resistance of 0.615$. Support is 0.495$ and 0.43$. Breaking more than 3% below 0.43$ could imply that a major support line is broken. Breaking below 0.3$ ruins the pattern. But breaking above 0.615$ with momentum could imply in a run to 0.915$, 2$ or even above the ATH.
Handel aktiv:
Next resistance level: $0.75
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