Crypto Screener Forums Ripple (XRP) Forecast – Technical Analysis Ripple (XRP) Price Analysis – June & July 2018 Reply To: Ripple (XRP) Price Analysis – June & July 2018

#17927
MrHanna
MrHanna
Moderator

Medium term outlook on the Ripple market vs Bitcoin.

xrpbtc price forecast prediction 14 July 2018

Ripple clearly still in a down trend against Bitcoin, some trade setups for the higher risk traders.

Support 0.000069 btc – 0.00007 btc

Resistance 0.000071 btc – 0.000078 btc

There is a bullish divergence between the price action and the momentum indicators.

Higher risk traders are looking at the divergence as a early indicator of a possible breakout to the top side. Prices staying above the support zone is the main requirement for this play.

Be sure to cut your losses should support fail. Safe trades y’all!