ETH, XRP and Factom analysissteemCreated with Sketch.

in #investing7 years ago

It has been some time since Ethereum hit its all time high and since then it entered a consolidation zone. It touched the support line twice already and did not go further down, so it might try to break the multiple resistances it has ahead in the following days.

Eth.png

Ripple has been going sideways after the impressive all time high and today should finish the flag pattern. After that, odds are that it might test its all time high again. But without more news seems unclear how much more can it climb.

XRP.png

I have been following Factom for quite a while since I feel like it is the underdog. Among other things it is backed by Microsoft. I recommend you read about it if you are curious. The downtrend has end and it should test its past resistance before going for his all time high.

FCT.png

If Bitcoin continues his climb, the uptrend moves might be softened. One way or another it will be an exciting week I am personally really looking forward.

Disclaimer:

*This is just my point of view.
*This is not investment advice.
*Only invest what you can afford to lose.

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