Ripple (XRP/BTC): Is this the trend changer we've been waiting for?
Technical analysis applied to Ripple to show key levels and potential targets for a bullish scenario.
Ripple/BTC: The bigger picture
If this is not a fake breakout (bull trap) Ripple would be looking great
Let's zoom in: key levels
Key levels pointed out
To conclude: If this has not been a fake breakout, Ripple has loads of room for a big bullish move.
The graphs are somewhat confusing however from what I know about ripple is that it has a lot of potential especially because of the large amount of backing by prominent banks, users, etc
I try to make the charts as clear as possible. Why do they confuse you?
In this post I highlited the key support/resistance and the current trends going on.
Also presented and Elliot Wave Count that supports the technical analysis.
If there is something you want me to explain just ask!
nevermind just did some research and things make much more sense now, really great graph!
Full size charts: Open them in a new tab.