I am no longer bearish on XRP/BTC. 95% of my calls out of about 20 on XRPBTC have be correct so far. I believe that many bullish indicators are playing out, including an XRPUSD / XRPBTC convergence, prolonged uptick in volume, ridiculously prolonged oversell on the RSI, as well as the recent bull run in BTCUSD all indicate that XRP is due for a nice rally.
Rally probably won't happen straight away, so expect an initial rally up to 0.00004200 and then a correction back down to 0.00002800. Already made a tonne shorting xrpbtc so hopefully we can make some profits on the upside.
Rally probably won't happen straight away, so expect an initial rally up to 0.00004200 and then a correction back down to 0.00002800. Already made a tonne shorting xrpbtc so hopefully we can make some profits on the upside.