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Charting the course of XRP


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We might well test the support around 66.5 before we go again. Dropping there is not a disaster so long as we get a healthy bounce. Most bullish sign will be a daily candle close at these levels, but we've got 20 hours to hold on for that. The only thing we absolutely do not want is a sharp reversal and no bounce.

sa8UDvyI

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I believe when we break through $0.80 (hopefully in the coming weeks) then we will really gonna see some fireworks.

If that breakthrough is accompanied by some positive news in the SEC case (summary judgement on the current XRP status, relisting, settlement etc ) then it is the perfect setup...BOOM!!!!

Until then I will just hodl and wait.

 

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3 hours ago, Seoulite said:

We might well test the support around 66.5 before we go again. Dropping there is not a disaster so long as we get a healthy bounce. Most bullish sign will be a daily candle close at these levels, but we've got 20 hours to hold on for that. The only thing we absolutely do not want is a sharp reversal and no bounce.

sa8UDvyI

Well said. So far it's playing out just like you said. Would be great to see 0.82 next.

 

image.thumb.png.90dbc6706a4d26b4a4ca6b28d1698363.png

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