beentold

XRP on the road to recovery

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BITSTAMP:XRPUSD   リップル/米ドル
The yellow lines are what I had projected to happen in my last idea. Red lines are what actually happened. The consolidation period (first horizontal red line) was too short to support a big rise in value, so we dropped more than I had thought. Add to that the news that Coinmarketcap started ignoring the korean crypto exchanges. That made it look like XRP had dropped USD0.50 out of nowhere, so people started panic selling which drove XRP's ACTUAL course downwards and that made the dump even worse.
The way it looks now I think we're on the way back up and we should, once again, breach USD3.00 soon and hopefulle stay above that line.
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