XRP / BitcoinLong
XRP/BTC: Patience needed for the pump?
XRP has been moving to inverse to BTC recently, and I have an itching feeling it will moon one of these times BTC takes a nose dive. That is more a gut feeling, nothing to back that up with.
Anyway, support around 0.00088 has been holding for a couple of days now and it has felt like ages, long here with a target in the purple box around 0.0001
If XRP drops out of this range (on a potential BTC move up?) then I would expect XRP to visit the 0.0007 area which is the second red box on the page
Seen some VERY bullish XRP targets recently flying around, some hitting at early 2018 levels, I think that is mostly hopium, but it is important to look at what XRP has done in the past, generally mooning after it sees some pumping action.
Also being clear here I think XRP is total garbage when it comes to a cryptocurrency, but I chart it for the #XRPArmy and for the fact that it is listed on bitmex. Also such a high market cap that it is (unfortunately) relevant.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Anyway, support around 0.00088 has been holding for a couple of days now and it has felt like ages, long here with a target in the purple box around 0.0001
If XRP drops out of this range (on a potential BTC move up?) then I would expect XRP to visit the 0.0007 area which is the second red box on the page
Seen some VERY bullish XRP targets recently flying around, some hitting at early 2018 levels, I think that is mostly hopium, but it is important to look at what XRP has done in the past, generally mooning after it sees some pumping action.
Also being clear here I think XRP is total garbage when it comes to a cryptocurrency, but I chart it for the #XRPArmy and for the fact that it is listed on bitmex. Also such a high market cap that it is (unfortunately) relevant.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.