Ripple Now Challenging EMA50 (Potential To Go Higher)

By AlanSantana
Updated
Ripple (XRPBTC) is now moving and has the potential to go higher.

Challenging EMA50 (0.00005436) today, we are seeing really good volume on the 4H time frame, as well as momentum building up.

The RSI is bullish at 58.40 trading above all resistance levels and is at its highest since December 2018.

The MACD is entering the bullish zone and looking good.

Keep in mind that Ripple (XRPBTC) does very strong moves, either up or down... And we had a very strong bearish wave recently that ended on the 13 May. Now, a bullish wave is on the making.

Here is our LONG TERM analysis for Ripple:
Ripple vs BTC, Possible Scenarios (370% Profits to Jan '18 Peak)


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Namaste.
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