I am looking at RSI, BTC and LTC they both reversed at RSI 92 ~ 94, couldn't be overbought anymore. i wonder if bankers money is in this Ripple.
WizardOfRealms
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@CoinFinder, it is... they are buying ripple at its current prices... you know... the "ESCROWED 1 BILLION" that is supposed to be bought on jan 1st, 2018?
I think if you look at the three day chart... The 26th, 27th and 28th (was the first of three day charts) where the price had gone from: .98351 to 1.664 -
We are now in the 2nd (3 day run) the 29th, 30th and Jan 1st, 2018! so far... a low of 1.256 to 2.385 "THATS DOUBLE" so far... and we have 2 more days in this three day chart.
THEN, there's [Jan. 2cnd, Jan 3rd and Jan 4th) "IT WILL PROBABLY DOUBLE AGAIN!" So, we have I believe, at least 5 more days n(before things *MIGHT* simmer down.
I also suspect that just because the XRP is in 55 "smart contracts" doesn't necessarily mean that those contracts - while not releasing more than 1 billion a month - doesn't mean that someone else bought all 55 contracts at a very cheap rate already... and we are going to be in for one hell of a ride.
We beat "bit coin cash" and left them in the dust... and we're kicking "etherium's" FARGON - ICEHOLE... and probably will have overtaken "BITCOIN" by January 4th :::as the largest crypto-currency!
I would not doubt that the banks "HAVE SOMETHING TO DO WITH IT."
May XRP "Live long and prosper."
mikehill85
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Yep. Super crazy. Looks at the MACD indicator. It doesn't seem to indicate that it will slow down any time soon. WTF?!
WizardOfRealms
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@mikehill85, read my post above when you click on the link. Best wishes for a HAPPIER NEW YEAR!