Chalfie24
Short

Ripple bearish outlook

BITSTAMP:XRPUSD   Ripple / Dollar
Stand out head and shoulders pattern formed.
Bounced off the .382 retrace (4th - 11th) on the surge of the "Moneygram deal"
That surge lacked momentum - Low volume + lacklustre movement in RSI .

A quick search of ripple will show why it is a suspect cryptocurrency. So I advise anybody looking to invest in ripple, to read any of the articles out there about it


Kommentar: Neckline break into .764 fib level
snapshot
Agree with you. 1.20 levels...
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YOUR ANALYSIS IS PERFECT With support broken at 1.89 XRP is heading south unstoppable to 1.25
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I have read much about ripple but I still don't understand why there is so many negative people. I am new to this so if you could help me understand it would be greatly appreciated. I agree with the head and shoulders but I have quite abit of currencies in kracken.com and they have been off line for several days now claiming it's down for maintenance, so I can't sell. If you can help I would really appreciate it.
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