Today's session on the cryptocurrency market was characterized by mixed indicators, and the second half is outright bearish sentiments. While Ripple has continued to grow, and bitcoin reached a 10-day low and approached the level of $15 000.
Because the market of bitcoin emerged short-term downtrend and a long-term overbought has not disappeared, it is possible to expect continuation of the correction with the supports $13 000, $11 300, $10 000, $9 000, $8 200, $7 700.
Ripple rose above the previous high for the first time in its history crossed the level of $1. XRP was the most strong cryptocurrency this Thursday, because the other coin has continued to fall, although the Monaro and Dash in the first half of the session, was trading near historic highs. For Ripple Fibonacci targets are at $1.25 and $1.5, and support - $0,68, $0,61, $0,42.
Who will win?
What do you think?
I'm betting on Ripple!
And you?
Ripple is here to stay, it offers a lot of added value because it's simply the best way to transfer money between different currencies. It's already quite established with some big banks in their portfolio and I expect its coin XRP to double in value in the next months.