Ripple Price Analysis, So what is next
Hi friends, everyone who is holding cryptocurrency is worried about its price. People are worried about its future. Because lot of people have invested in cryptocurrency. So friends do not worry at all. We all have passed the waiting period. Now at any time market will start to rise and everything will be alright.
So friends 29 days ago i write the article about the price prediction of ripple. At that time price of ripple was at 0.2715. You can read it with following link.
Look at the picture below. I have not seen any buying on daily chart of ripple. Look at the black line, it is the support for the ripple. So do not panic. It could go down to 0.43$ and if it crossed down this support level then next support level is 036$. So we can expect its bounce from 0.36$ to 0.43$.
Look at 1Hour chart of ripple. On 6 October at time of 19 price touches the low around 0.46$ and RSI indicator was at below 20. While on 7 October at 11 am price once again touches the 0.46$ while at this price RSI was at 30. This is the indication that price is strong as compared to 6 October so it is the reversal sign on 1 hour chart.
Price is not in buying condition on Day time frame. Price is in position of reversal on 1 hour time frame. So you can buy for short time and can take the profit. But i will recommend you should buy it at the current price and hold it till the price reaches 2.5$.
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