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RE: ripple #market analysis today|crypto coin analysis

in #ripple7 years ago

I also think RP's Bitcoin price will sink because Bitcoin seems to rise for the next days until it hits the next resistance. But I think it will rise past the resistance an attend a new high in some weeks, because the graph forms a higher low (red circle).
See Bitcoins 4h chart:
steempost 2.PNG

But that does not really matter for RP's USD price. It looks like Ripple completed a correction, gaining potential for further rise to a new high.
It follows a simple trendline as you can see from it's 4h chart:
IMG_5505 (1).png
The fact that it rose immediatly 20% after touching the trendline makes me pretty sure about a continuing upward movement. I hope it does :)

Hopefully this posts helps and gives some inspiration. :)

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THANKS FOR YOUR INFO @t-rade

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