$XRP. Bullish setup. MoneyGram & XRP, is it huge success for both? In my view, it's success for $MGI and not for $XRP, because the company with big debt cannot be a good strategic partnership(the dark hole for money). Anyway for Ripple these $50 millions, is more then shares in the pocket, it's the best ads of Ripple itself to a potential investors. $MGI and $XRP are the today news stars of the business/finance tv and media.
So the trading day on the stock market will start soon, so it can be very interesting day for $MGI and $XRP together. As well, this gap on $MGI was opened at the night, and at the beginning of the week - good sign.
Okay. The chart.
Support :
~ Trend Line
~ EMA 20&50 Lines
~ Strong support at .31
Resistance:
~ Light .45
~ Strong .65
Entrer ~ 0.43
TP ~ 0.7 or around the resistance level.
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Good Luck.
