Hi guys,
So As you can see, Ripple failed to make any new higher highs for the past few days after a major bull run. For now, I'm staying away from it, unless it gives me a strong bullish sign (trade above $2.8).
First target $2.15
Good luck! - Abdulla
So As you can see, Ripple failed to make any new higher highs for the past few days after a major bull run. For now, I'm staying away from it, unless it gives me a strong bullish sign (trade above $2.8).
First target $2.15
Good luck! - Abdulla
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Support broken.
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Watch out for these moving average, if 50 and 200 MA cross it is a strong bearish sign!
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Target 1 reached!
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MA update.
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As I have mentioned above, the similar pattern happened.
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Moving Averages almost crossing over!
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Ripple next target $1.6.
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Ripple is still bearish - don't get trapped :)
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I get a lot of questions on Ripple and my thoughts on it. The technical analysis I posted a few days ago is still active, and Ripple is still in a bearish mode. The current target is $1.6, can it go lower? Yes. What is the best price to buy? I can't tell unless we get some indications that it is ready for a bullish move (which we don't have yet). Good luck! - Abdulla
