I was analyzing what is happening with XRP and I found this seeing XRP/BTC chart.
I have to say that I´m bullish on XRP and actually I´m trading a long position since last week.
But have to say that this really caught my attention as it has a lot of similitude with the development the pair had in the past and it has being using some of the main support/resistances now to form what seems to be an almost exact figure.
If this continue to run as in the past, it is suggesting that XRP will go even lower than last week. In the other hand, analyzing XRP/USD we have some bullish signals that are at stake and will be more clear within the next 2 days to confirm a new uptrend or a continuation of the downtrend, whatever XRP does, I will be posting further analysis and updates.
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