franciskim
Singkat

Ripple - Mean Reversion

KRAKEN:XRPUSD   Ripple / Dollar
When the redline is broken clearly, there's a high chance the price will fall back to the 300 SMA (currently under $1)
Francis Kim Digital Development: https://franciskim.co | Mobile & Web Apps | eCommerce Development (Magento) | Blockchain, Private Tokens, ICO, Machine & Deep Learning
Yes i agree . You are one of the few here to understand the bigger picture as xrp started its rally from 0.20 and not from 1.87 like most base their analysis here .
Balas
JohnSmithf0 gaiseric
@gaiseric, what do you think will happen?
Balas
gaiseric JohnSmithf0
@JohnSmithf0,

As i mentioned before , if there is no news and btc drops sharply i am thinking it ll go around 1$ and if btc drops below 10k$ it ll be around .80 . Now we have to keep in mind that all the market is heavily manipulated with big whales ...etc , and the fact that many noobs without any understanding in what they are doing . This recipe makes any sharp move magnified by a domino effect due to noob impulse sell/buy mindset .

Long term it is still good but any harsh regulation in South Korea / Japan would be devastating short term .
Balas
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