Worlds in a bad state of affairs, no ones got time for an exciting but largely unknown payment tool (ie XRP). Investors will get irrational these coming months due to several factors, Brexit being one of them. Bitcoin will pump hard very soon, and investors will lose their risk appetite for XRP which is still a purely speculative asset with xero utility. Bitcoin...
Whales are just going to keep manipulating this thing as low as they can, 10 cents is the big psychological support zone that I'm waiting for a bounce.
The price action in this coin indicates there is very little interest institutional or otherwise in the longevity of this coin. This is not a recovering bear market asset. This is a dead asset by all measures, there is nothing to indicate that this coin is ever going to bounce back.
Expect that these manipulators/whales are going to try and shake off buyers big time before pumping it higher. The ridiculousness of it all is how well bitcoin has recovered from the bear market after being proclaimed dead by so many naysayers. The tricks/manipulation is wearing extremely thin at this stage, as bitcoin is clearly a desirable store of value which...
The price has clearly broken to the downside making the triangle formation a descending wedge/triangle. The next level of support for the price is 14 cents.
