XRPBTC

Trading Signal for Ripple (XRPBTC)
The price is at the resistance zone formed by SMA100 and 0.00010600 resistance level. If the price can break this zone, we’ll get a trend reversal signal. The market will give us a good opportunity to catch a new uptrend based on the breakout signal. MACD supports the upward movement. DMI shows that the bulls become stronger. It’s buy opportunity. Entry level is 0.00011000 with stop orders at 0.00008700 level. Profit targets are 0.00014500 and 0.00022000 resistance levels.

Cryptocurrency Exchange: Poloniex
Buy: 0.00011000 // Stop-Loss: 0.00008700 // Take-Profit: 0.00014500 / 0.00022000

Cryptocurrency Exchange: Binance
Buy: 0.00011000 // Stop-Loss: 0.00008700 // Take-Profit: 0.00014500 / 0.00022000

Cryptocurrency Exchange: Bittrex
Buy: 0.00011000 // Stop-Loss: 0.00008700 // Take-Profit: 0.00014500 / 0.00022000

Recommended Trade Volume: up to 10% from your deposit size.



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XRP PRICE BOUNCES BACK STRONGLY

It has to be said: the cryptocurrency community has no love lost for Ripple or their XRP asset. That is not entirely strange, considering this is not a typical cryptocurrency whatsoever. Even so, the people who enjoy making good money will acknowledge the XRP price is doing just fine and makes for a solid investment opportunity. More specifically, the XRP price has over doubled in the past four days, which is rather impressive.

As is the case with all cryptocurrencies and digital assets, the XRP price has taken a major dip in the past week. With the XRP price dropping from $0.93 all the way to $0.59, it has become evident these markets will always remain volatile. It is this volatility that attracts so many different people, especially those looking for a quick profit. Unfortunately, the short-term holders still vastly outweigh those who are in it for the long run, but it seems that situation may come to change where XRP is concerned.

With a solid 53.09% gain in USD value over the past 24 hours, the XRP price is back above $1.2 for the time being. It is still a long way away from the all-time high of $3, which was reached a few weeks ago. Whether or not we will see the XRP price return to such a high value in the near future, remains to be determined at this point. There is also a very strong 37.75% gain over Bitcoin, which will help propel the XRP price to new heights if this trend keeps up.