$XRP #Ripple - Continues to Meander Mindlessly

There has been no real direction for the last few days. This can be a very good thing or a very bad thing. As the price continues to meander along like this it winds up like a spring and when it finally breaks one way or another it will move quickly and you can expect big gains, or big losses. On another note, LOI actually decreased a little then flattened out. When price gets this flat indicators become worthless. The only trade right now is a break of a channel, flag or pennant.

I dont advocate selling Ripple at a loss. While I cannot say this is trading advice, what I can say is that if, like me, you believe in the long term future of Ripple, if your in a loosing trade or it takes a dive here before you can get out at break even or better, just hang onto what you have.

Dont panic.
Elliott WaverippleSupport and ResistanceTrend Linesxrpxrpusd

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