FOMONOMO
Short

Ripple to correct another 20% as bitcoin pumps

POLONIEX:XRPBTC   Ripple / Bitcoin
Ripple is forming support along long term support level (green line U) and also forming a triangle pattern . As bitcoin             pumps higher, I suspect diagonal support line 1 will be tested, followed by the 62% retracement, green support line T and the 100 day moving average, followed by support line 2. Touching support line 2 would represent a more than 20% correction.

RSI has dipped below its bullish trendline . Lets watch to see if it can rebound off the bearish trendline .

Long term bullish on XRP
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