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Xrpusdanalysis

Ripple- can it drop to 0.5?Since the last spring's to near 2usd, the trend for Ripple is clearly down with a lot of lower highs in place, and after breaking under 1usd in early December, the cryptocurrency has entered a range and consolidation phase. Considering the overall trend for the crypto market, I expect continuation to the downside for XrpUsd and my target is 0.5 Confirmation for this comes with a break under 0.7 and only the price steady above 0.9 strong resistance would make my change my opinion
BITSTAMP:XRPUSDShort
by Mihai_Iacob
3
XRP The explosive 3/3/3!If we don't get a new low bellow .51 we have to assume this move up from the low of .51 is a 1-2 of its own. If that is the case we would be working on the wave 3 of a wave 3 of a wave 3. Which I would expect to be very explosive. We have a lot of confluence between the 3 fib extensions. If .51 is broken then I would eliminate the red count and would have to assume the C wave of the blue count is still alive. For now we hope for a huge momentum push up so we can be clear of the current count.
BITSTAMP:XRPUSDLong
by AricGreen
15