LudwigStirner
Short

Is Ripple(XRP) in for downside?

POLONIEX:XRPBTC   Ripple / Bitcoin
Ripple was trading below the key moving averages a few days ago, which implies that wasn't the best time to look for entry into the coin, but you could think about to open a long position right now because the XRP price goes above the 20-Day and 50-Day EMA , you should not rush to draw conclusions.

XRP faces strong resistance from 12.5k to 13.5k Sats             , which will take something special to break through. In addition to the strong resistance zone , I don't see any additional signals to buy. Yes, the MACD line rised above the signal line, implying that XRP coin price might well higher... But you need to know that a Whale can draw such charts for you as he wants, when he needs your money he will deceive you. I expect, Ripple can continue along the road to downward path over the next few months.
I trade Bitcoin Futures with x100 leverage here https://goo.gl/z6ue26


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