jrfxtrader

XRPUSD its getting hotter and hotter

Long
At this price range and with the behavior being seen in XRPUSD i believe it will start picking up some momentum real soon. I guess it has been said many times but this is yet another view.
  • - (0) 0.2 - 0.22 has been a demand area in 05/2017, 06/2017, 09/2017, 12/2017, 09/2018
    - (1) Heavy demand seen at this point
    - (2) Quite a large volume which I can't see to be distributed anywhere after this point
    - (3) Yet another heavy demand
    - (...) RSI divergence picking up as well pointing to the long position

Not sure when exactly the uptrend will come but I believe that this is the right time and price to start accumulating and if the XRP project won't die (devs activity don't look like it would go away: github.com/ripple/ri...aphs/commit-activity) it should be the right thing to do.
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