BITSTAMP:XRPBTC   Ripple / Bitcoin
The original Support/Resistance from the beginning of this recent bull run are in GREEN and represent a BULL Scenario. The recent reversal in momentum though may spark a reversal that consolidates down to the 73% on the FIB level where its a buy. I bought in on the 50% level now and am betting on the trend continuing upward. The reason: Everything in Crypto is long long term and Moneygram is going to be using $XRP. That news just launched 24 hours ago.

But to make matters worse a law suit was filed against Ripple but this seems like a former lovers quarrel between owners rather than an advocacy group or worse the FED. So I'm still Bullish on this scenario.

However if a close happens below the 11900 level, it's a bad sign.
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