I am by no means an expert at this. XRP's price movement has been discouraging, to say the least. While I am enjoying the prospect of a bull market in the near future I need to see some serious conviction from this coin. While there are historical (technical) similarities from the spring and into the summer of 2017, I think XRP needs to move convincingly higher, back into and above the 30 cent range and begin to form a pattern similar to that of the period between August and December of 2017 to begin to think there is something brewing. Otherwise, it is difficult to argue against the trend at this point. The 17 cent line seems to be significant support, and XRP has eeked precariously close to the line for some time now. If bitcoin pulls back once again and moves into the lower end of its trading range, it is hard to argue that XRP holds the line. Keeping my fingers crossed, but cautiously optimistic for sure.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.