suprteacher

XRP in a neutral zone..buy the rumor, sell the news

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Looking at the XRP chart, buying the rumor and selling the news is what I'm looking at. You can see that there's a wedge forming where the 9 and 25 MA are converging. Under different circumstances I would hold tight and see what happens.

However with the rumors over Coinbase and the TV appearance tomorrow night..I'd say this is going to go to $1.20, then based on the announcement (or lack of an announcement) see XRP either go back to the $0.90 area, or up to the $1.76 plus area.

Komen:
Coinbase tweeted that they aren't adding Ripple (XRP). Going to see the price come back down to earth
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