XRP - dissapointing but could it be the right time to buy?
Hello! I am studying top cryptocurrencies and thought to give a shot to Ripple as i have started hearing few positive news on it.
Analysis:
XRP made 8600 sats (.3 fib) as major support and bouncing from it. Value moving at a tight descending triangle, in few days we can see a decision on ripple price movement. If it breaks 8600 sats, next support can be found at 80-8100 sats. I am waiting to see if it can go breaking 9000 sats.
Indicator: RSI is below 50,so it is still a bearish sign.
Will update once price become trending.
Analysis:
XRP made 8600 sats (.3 fib) as major support and bouncing from it. Value moving at a tight descending triangle, in few days we can see a decision on ripple price movement. If it breaks 8600 sats, next support can be found at 80-8100 sats. I am waiting to see if it can go breaking 9000 sats.
Indicator: RSI is below 50,so it is still a bearish sign.
Will update once price become trending.
Comment:
Guys! XRP is not performing now a days. Everything is bearish for him, but remember to get in when an Asset got forgotten, and especially if it is one of biggest player in the space.
Analysis: RSI and MACD both bearish, major support has broken and heading towards next support around 81-8200 sats. Wait and enter only on confirmation.
Analysis: RSI and MACD both bearish, major support has broken and heading towards next support around 81-8200 sats. Wait and enter only on confirmation.
Comment:
Giving a quick analysis to top currencies is a good way to watch the top market players.