Toptenforex.com – XRP’s decline over the year has been drastic and emotional. At one time this was this future of Crypto, the next big thing, best thing since slice bread. well Fast-forward a few months and we are back to its value around 12 months ago.
Should i Buy or Not?Segunby (SiriusTrading.co.uk)
This is the ultimate question. Should i buy or Not. unfortunately i cannot tell you.. YET. You see, Most investors (including myself) now have a pessimistic view of the market and if you know anything about Wave Analysis you will be aware that with every pessimism there will be a reversal.
Currently XRP is meddling around the $.29324 (at time of writing). Now take note, if this breaks the blue line, then i will be expecting this to go down to around $.26 before we start to think of the reversal back up.
Now, if the reverses and go back up to around $0.32193, i would be looking for a buy at the point. Also, it is important to follow Bitcoin movements as sudden spikes (bear or Bull) will reflect on the movement of XRP price.
Trade Safe, follow me on tradingview.com as Segunby