Hello my dear Ripple traders!
XRP/USD is currently in a nice equilibrium between the ranges of 30 & 32 cents. A break to the downside would give potential to previous summer lows of 27 & 25 cents respectively. A break to the upside could lead to 34 cents minimum. On the Daily, we’re completely rejecting still from 12 , and would have to make both 12 & 26 to support to see any prolonged bull momentum.
XRP/BTC in the direct correlation to is trying to break the Daily lower highs at the .91-.92 range. If they fail to do so, they can build a higher low, and try again, there is room on the Daily. If they top out at .91, .85 will be crucial support. Caution: XRP/BTC strength does not automatically mean that XRP/USD will be strong: It just means compared to . E.g. if crushes further down, it means that Ripple crushes less. If breaks higher, it means XRP breaks higher even more.
Wish you a good trading! 😉
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About myself: Global citizen & early adopter from Germany. I invested in the 2nd rally in 2013.
Published at Thu, 13 Dec 2018 22:15:24 +0000
