Michael_Lukas

Slow and steady wins the race

BITSTAMP:XRPUSD   Ripple / Dollar
My long-term view hasn´t changed. XRPUSD is slowly climbing towards new levels in tiny 0.2USD steps.
XRP showed little movement in the last few days, which is a good sign in itself. I think XRP is more insensitive to bitcoin             and price fluctuation than many other altcoins.
This shows in my eyes that XRP is on its way to becoming a stable currency, rather than an asset or pure gambling.

Fundaental:
The next 2 big events are around the corner:
BTC             Hardfork around november 16th and
adding XRP on the korean exchange coinrail on november 17th.
Early 2018 XRP will be made accessible to individual users in japan.


4hour Chart:
Since hitting the trendline it rose from 0.15USD to 0.17USD to 0.19USD. We´re waiting now for a reverse sign which hopefully will bounce off and take then to a new level.
If the support breaks we could fall down to lower levels.
snapshot

Idea Berkaitan

was just making this chart and saw yours. it could be safe to say this is the lowest usd value we see xrp at..
Balas
I think same. Good bro
Balas
nice analisis.
Balas
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