Ripple : really on the move?

in #cryptocurrency7 years ago (edited)

Summary:

There has been a sudden raise in the price ( Up 15%) of XRP since this afternoon because of the rumours going on in the twitter.

This could be just a technical bounce of full swing 61% fib and previous major support zone.

How ever to get this move going, we need to see huge volume coming in and 1 hr chart shows impulse wave now which would take price to major resistance and previous trend line of 9500 sats. We have to see how price reacts at these levels to confirm the future course.

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Disclaimer:

I am not a financial advisor, nor the information posted in this article is a financial advice. The information in this article is my personal opinion and is not recommended to make any investment transactions based on it. I do not take any responsibility for the investments made based on my analysis.

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This post has received a 3.77 % upvote from @boomerang.

nice analysis on XRP

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