Ripple (XRP) is facing a serious battle between bulls and bears, prices are in the area of USD $ 0.58, if prices fall, they do not exceed the support line around USD $ 0.52. The MACD is forming a signal that soon the bulls will react to the current moment of depreciation and will happen the change of trend, thus, prices have risen again. Another point that confirms such a vision is through the Fibonacci retraction, which shows that the retraction is already in its last moments and next month we may have a turnaround trend, that is, prices rose again.
On the other hand, both the moving averages and the volume of sale superior to the purchase shows in the pressure exerted by the bears in the bull, thus, causing prices to decrease. But as I said above, prices have not reached under any circumstances below USD $ 0.52.
Note: It is quite probable that in April a trend reversal occurs and prices will rise again. However, if there are some negative news that affect the digital currency market, this trend can not be confirmed and prices tended to be lateralized between US $ 0.52 and US $ 0.79.
I think for now, at this precise moment, tethering seems like a great option to buy back in at just a little bit lower pricepoint
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's a good time to buy. It is quite likely that prices will grow again next month, after the G20 region the positive news come back to opinion on the digital coins market.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit