A middle-long term analysis for XRP/USD

2018년 1월 9일

There ar a red lines as a support price, the green lines is a resistance lines. Basically, we get a approx. mean price in U$ 2.5+-0.4, like a "psychology consolidated mean price" for Ripple (light gray rectangle). I suggest a consolidation behavior with blue arrow. The important observation is: how many buyers was holder? This will say if we get a breakout to up or down. I think this coin is really different from coins used only for transactions like Bitcoin, Litecoin and others, and different in relation with Ethereum, that have a lot of other uses, not only for payments, the Ripple coin is a great idea for reduces de cost os transactions with digital and fiat coins around the world. The growth of use and value is really promising.

2018년 1월 9일

노트

There is a breakout in the pitchfork, it's important to see what exactly at what price the 4h-candle will close. If below, I think that is a strong signal to a retraction to U$ 1.6-+0.2 with a good chance to test the one-dollar support. I really believe it will not go down by $ 1, I recommend creating fragmented buy orders between $ 1.5 and $ 1.1.