RE: Ethereum Price Analysis UPDATE

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Ethereum Price Analysis UPDATE

in ethereum •  7 years ago 

nice post, very intersting analysis, i have aquestion, what is your opinion about ripple

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Thanks, I just took a quick glance at Ripple. The $0.96-$0.82 level established between 20 December and 25 December 2017 held nicely. Currently, it is in a "no-man's land" for me personally. It does appear to be creating a base. i would prefer to see a retest of the $1.05 area before adding to my long position.

As for a fundamental view of Ripple, I have read great things and invested in them earlier. I currently don't have a position but am interested in re-establishing a position. If, and that's a big If, Coinbase were to add Ripple I think it would have a big impact on price. Recently, there have been some concerning articles about Ripple not really being decentralized. But this is all fundamental stuff, I much prefer technical analysis. Thanks for the question @mrfoodguide I will try to add a more detailed analysis of Ripple in the future.