XRPUSD MARKET ANALYSIS

30 ก.ค. 2017

Downtrend seems very strong in the XRPUSD pair. After brief attempts to reverse a couple of days, bulls keep dominating the market.

However, price is sitting on support right now. If you are holding XRP mid-term, a break of support should lead to a short position until trend reverses.

If you are looking forward to go long, a reversal and break trough the next resistance level could lead to 57% profit or 24% loss

Indicators show trend is far from a reversal though.

1 ส.ค. 2017

บันทึก

Awe should see a break of the pattern on 8/2 or 8/3

3 ส.ค. 2017

บันทึก

Market is starting to break the pattern, although still not a clean break.

Several altcoins are breaking the pattern and turning to range conditions while others Skyrocket. Levels suggested will secure a clear uptrend.

Positions can be now opened.