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RE: Too All Ripple Haters - You Know You Can Short it ?

in #busy6 years ago

Ripple is popular nowadays; Having said that I want to share some interesting stuff on weekly only.

If you see the thrust bar in red circle; this is the place where the big rally started. Market re visited that level and showed a similar action again. Very interestingly market just turned in to a buy after 32 weeks. I calculated D levels based on daily timeframe but showed them on weekly chart.
Lets see how the market will react on this buy signals on the coming weeks. 0.80; 1-1.15 AND 1.39-1.46 zones are the big resistance zone in front of Ripple.

XRPWeekly.png