XRP is a company that doesn't want to completely disrupt financial institutions but instead help them become more efficient and transparent. XRP made a sneaky rise to #3 in market valuation in a short span of time. I opened a long position at 7500 satoshi and plan to hold until FMA and MACD shown reversal signs. As you can see from the weekly chart, after a long overdue correction it appears that XRP is bullish again, this is due to partnerships over 100 banks and with major companies/organizations such as American Express and Gates Foundation. XRP is definitely a crypto to keep an eye on.
Komen:
Right now in the 4hr time frame RSI looks high, waiting for a correction after a huge uptrend.
Komen:
XRP had an amazing rally over a short period of time, however a smart investor knows not to jump into a moving train or spaceship. We will trade with intelligence and not emotion so we will wait for a retracement to 9k-10k levels. Then we can consider taking profit at 13k-14k levels. Notice how XRP skips 2 fibbo level then retraces 1, also notice the symmetry between the RSI and MACD.