This is a matter of timing now. Knowing that contracts will expire on the 26th and a transition with BTC contracts to long position. XRP will elevate. I plan to reevaluate at the 200 MA levels on the 4 hour chart.
Bumping to the one day, it appears that there is a directional transition to the upside.
Target 2 is at 2.64
Stop is at 1.19
If 2.19, Stop at 2.00
If 2.64 Stop at 2.44
Will watch according to the structure of all other events. Look Left!!!
Ripple overnight had lots of positive news.It continues to grow. There is a cool live event between two financial institutions 1 in Canada and 2 in Germany that conducted a live transaction with ripple tokens to demonstrated how they achieved instantaneous settlements (8sec) with Ripple tokens.
Thank you....I agree weekhands are out!!!
What impact will this week have and other more regulated news that could come out of Davos and BTC futures expiration on Friday? continue down?
I don't believe so. The historical bounce on the 17th was the first expiry for the CBOT> CME is Friday....