Before christmas XRP went on a tear and then entered a big correction following the BTC drop, it corrected more than 78% of the "christmas" advance found support around 0.45 EUR and started bouncing slowly.
XRP has now clear the main downtrend going from ATH and is heading towards the middle of the BB at 0.85 eur, which would signal a short term run to 1.25 eur (top of the BB).
Of course it is still following BTC in this bounce.
The major signal that I am looking at is a cross of the daily MACD.
XRP has now clear the main downtrend going from ATH and is heading towards the middle of the BB at 0.85 eur, which would signal a short term run to 1.25 eur (top of the BB).
Of course it is still following BTC in this bounce.
The major signal that I am looking at is a cross of the daily MACD.