Ripple (XRP/BTC) has found some support on the daily chart around the 7000 area. If this support area does not hold, I expect price to collapse even further.
On the hourly chart price has made a small rally yesterday and is now coming back to the support area. I expect buyers to show up again and start pushing price higher at least up to the first resistance area around 8000 and possibly even higher.
Good luck.
Thanks for the readings about Ripple XPR. What baffle me is that, I don't seem to understand how traders use charts to predict/forecast cryptocurrency prices, I hope I get it one day.
Have you heard about the Blockchain summit coming up on Nov 1st and 2nd at Malta Blockchain Island? Read this post for deatils https://steemit.com/digitex/@horpey/fzftbti-digitex-will-unveil-its-zero-fees-exchange-at-malta-blockchain-island.
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Technical analysis is the only tool to help you adequately define the risk and reward of a trade, in my opinion.
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