Hello Guys, I am watching Ripple regularly. And I am invested my 70% portfolio in it. After testing the 0.70 USD support area, Ripple price recovered very nicely against the USD. The price made a nice upside move and traded above the 1.00 USD level. After that upside move was capped by the 1.15 USD level. Later, the downside correction was initiated and the price moved down below the 1.00 USD. There was a break below the 23% level of the last wave from the 0.68 USD low to 1.14 USD high. Finally, the current downside wave is limited and the price remains supported above 0.80 USD.
As we seen previous LTC reached ATH (All Time High) and due to some negative rumor it's also standing in a good position. XRP have a lot of total supply that resisting to move up faster.But the time is near to start a Show of XRP.
This is the Chart from trading view of XRP trade on BITSTAMP.
Share your thoughts below and don't forget to upvote. Follow @lildevil for more interesting updates.
@Originalworks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @lildevil to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit