Well here we go with Ripple (XRP)
Its out moving BTC.
There is a very strong buying pressure for it.
It has just bounced off the 1 euro mark, i prefer to use XRP>Euro due to the centralized cryptocurrency that it is, it makes plotting charts easier with the institutional traders that trade it.
Im hoping exchanges will soon start to unpair XRP with BTC so we can see the true parabolic growth that it deserves.
My end of 2018 forecast for XRP would be 1.80euro.
I would not recommend holding the coin due to the market fluctuations, it is safe to day trade.
I set my RSI bottom end at 27 and top end at 72.
If it hits 27 buy it.
If it hits 72 sell it.
Its curently forming a head and shoulders pattern, with BTC going up right now on the mid term, i would imagine the H&S pattern would breakout.
Happy trading!
Domonic
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