First try of an TA fürBITSTAMP:XRPUSD von UnknownUnicorn1308099

supportandresistance trendline xrpusd long-term

After many failures and destroyed hopes and dreams, i made my own TA of an currency. I just started trading couple weeks ago. Trying to be as realistic as possible.

The short term trend of XRP (and all other coins) has reversed after the BTG fork as expected. It´s moving towards 0.26, might hit 0.29 again. Strong support level is 0.15
I don´t expect the price will go above 0.30 until at least January 2018.
In early 2018 ripple will be made accessible for individual users in japan and other areas in china. I expect the trend will break 0.30 and will head towards 0.45 USD, maybe 0.50 USD. New resistance levels will probably form below those levels.

Good Luck to all!

Trade ist aktiv:

XRPUSD climbed slowly but steadily in 0.02USD steps towards 0.205 in a small up channel.
Xrp has the potential to break out and go above 0.205 or retreat and go couple levels below.

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