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Ripple is the stronger than other coins on the market.
The price breakout wide consolidation (balance 1). But there is a large vertical volumes now and we see a bearish price reaction after it.
Also, if BTC goes down, XRP goes down too.
What to expect now?
If the price will return back into the balance1 and break down the level 0.98, it would be a false break out of balance1 and the price will falls to 0.8 with a high probability (to the level of balance2).
To continue growth the price should rebound from level 1.00, it's very important.
If the trend continues, we will see 1.35 soon.
The price breakout wide consolidation (balance 1). But there is a large vertical volumes now and we see a bearish price reaction after it.
Also, if BTC goes down, XRP goes down too.
What to expect now?
If the price will return back into the balance1 and break down the level 0.98, it would be a false break out of balance1 and the price will falls to 0.8 with a high probability (to the level of balance2).
To continue growth the price should rebound from level 1.00, it's very important.
If the trend continues, we will see 1.35 soon.
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cash_gold
Is it done now? Or still one more pump??
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nshevche
cash_gold
@cash_gold, it would be done if the price return back into the balance and break down the level 0.98. If not - we will see the continuation of the trend.
+2
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cash_gold
nshevche
@nshevche, thanks for the info! i hope there is one another pump
+1
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