There is an interesting situation on the $Ripple: after a prolonged dump we can see a resistance (0.0000335). However, this resistance becomes weaker with time and very soon will be broken. When it will happen, the price will hit a bunch of stop losses which will increase the impulse's powers.
In case we will see strong sell volumes, the price will come back to the mentioned resistance and we will start considering SHORT position. At the moment - LONG. Resistances are 0.0000366, 0.0000405 and 0.0000435.
In case we will see strong sell volumes, the price will come back to the mentioned resistance and we will start considering SHORT position. At the moment - LONG. Resistances are 0.0000366, 0.0000405 and 0.0000435.
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