Is it too late to buy Ripple/XRP? Technical analysis 15.12.2017

in #xrp7 years ago (edited)

Hello and thank you for reading.

XRP has had massive gains these last few days. Marketcap has gone from 10.000.000.000 USD to 30.000.000.000 since the current bull-run started. Pretty spectacular!


Link to image: https://imgur.com/a/qzheO

Breakdown of the image:
0.86: Highest resistance for current bull-run
0.80: Resistance
0.74: Support
0.56: Lowest support for bull-run
RSI: Neither over bought or over sold

Lower support levels that are not included in the image:
0.49
0.43

This is purely a techincal analysis. Furthermore, this is only my opinion. Consider doing some research for your self aswell.
Feel free to criticise in the comments.

Thank you.

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Thank you for sharing your thoughts. Appreciate it. Ripple is a interesting project for sure.

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