XRP is reaching an inflection pointsteemCreated with Sketch.

in #xrp7 years ago

XRPlong.png

XRP has been downtrending against BTC for the last days, but the 9000 satoshis have proven a good support time over time. In my opinion, we could see a bounce to at least the 14000 satoshis in the short term. That point has also been a big resistance and it could be hard to break.

In case that the 9000 satoshis line doesn't hold, it could continue the downtrend to the 6000 satoshis mark.

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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I hope it does uptrend soon! I got into Ripple very recently only to see it tank nearly 20% almost immediately!

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