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FibnFork
13. Jan. 2018 18:41

Ripple bearish outlook Short

XRP / U.S. dollarBitstamp

Beschreibung

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
Kommentare
mercuryin
Agree with you. 1.20 levels...
teatrader
YOUR ANALYSIS IS PERFECT With support broken at 1.89 XRP is heading south unstoppable to 1.25
jbeezleyenterprises
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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