Ripple is looking very good here.
Clear in both USD and markets.
support now at 0.00006750 and rising with 0.36% a day.
USD resistance now at 37 cents and trending downwards at 0.29% a day.
If makes a move higher, which I anticipate, Ripple is likely to take the lead in the altcoin dance.
Ripple cannot stay in both (beneath 37 cents and above 6750 ) if rises higher than 5481 USD (= 0.37/0.0000675).
This maximum value required for ripple to stay in both is declining with 0.65% each day (about 40 dollars).
I deem it more likely that Ripple will break USD resistance in a crypto bull market than that it would crash in terms.
After all we have already seen big moves in Cash , Litecoin and Classic this past week, whilst Ripple has stayed awfully quiet.
Published at Tue, 09 Apr 2019 11:56:58 +0000
