Sherem

Ripple bounce off the weekly TL, look for the 45-50 cent area

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BITSTAMP:XRPUSD   リップル/米ドル
You can see where Ripple has bounced and been supported by this big weekly trendline here at 25 cents. Now at 33 cents, it seems like we will get a continuation move to the 45-50 cent range. I imagine we will get a pullback from there back to the 35 cent area.

If we break the trendline, whether on the initial run or a pullback before we break it, that could send XRP much higher. Something to look out for.

Happy Trading,

-Sherem

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