ebred

Not breaking out yet. Another dead cat bounce

BITFINEX:XRPUSD   Ripple / Dollar
Yesterday closed as another dead cat bounce. I expect to see some drops from todays             gains.
I'm looking for a good volume positive day, with volume exceeding the 9MA
looking for prices to exceed and sustain above the 50MA.

Until those things happen, I am not in.

this information is all my opinion. Dont base your trades off of it.

What do you think??
Since XRP usually follow what BTC does and it has dropped from R147k to 137k XRP is likely to follow in that direction .
Antworten
Agree on dead cat bounce but we also see bear exhaustion here, i don't think the price will drop significantly. I would rather buy and HODL
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