20191017 XRP Possible Target and MovementsHi there,
I know it sounds a lot presumptuous to try to guess what could be target and how XRP it's playing the cards and why it has been moving the way it's moving, so as usual, this is personal idea and not Trading Advice! Use as your own risk.
I believe they are trying to touch the 0,3 euros area and there's a really good explanation for it. Not because that's a good number or else. it's because what i will explain in the next update.
There are going to be ups and down, etc. So be careful.
I must say that i've been surprised how they have managed to do it without break down a lot, even in moments when btc have been going down at some points. i'm surprised cause i've been studying XRP for more than a Year by now and they have changed after fall of btc last year in November and a couple of weeks ago i have seen really good moves between RSI and Price. You may have notice that RSI have been going down but price going up. Or some indicators of Head and Shoulder but it havent break down.
I wont be surprised that there's a deal between coins because of the movements between pairs but that's another just a theory.
Maybe Ripple finally may have found the way to get pass through all sells and new algorithm to make it stronger than it was.
Time will tell us but anyway, hope you fin this helpful or interesting to meditate and how to trade it.
Ill update in a mins, just need to prepare some graphics.
Cheers to all!
Charter X
