bjorn_decock

XRPEUR - Short term trendlines

Long
This is my first idea/test so any feedback is welcome!

XRP is probably one of the most difficult coins to forecast. The court hearing will have a huge impact so every decision (or no decision) will have influence on all trendlines and forecasts.

At €0.35 we have a first important support line. XRP is looking bullish at the moment so hopefully we won't need to test it and can look to the resistance lines.
The first resistance line at €0.433 could be tested soon. Once we break through that line another important resistance will come at €0.476. Afterwards a very import resistance line at €0.533 is waiting, breaking this one could give XRP a huge boost.

€0.623 was the high after the "pump and hold/dump" action. Looking forward to see how XRP buyers/sellers will react on that high.

XRP looks more steady at the moment (very dangerous to say) and hopefully after the case is settled with SEC it will be less volatile.
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