Short

XRP - Ripple Correction Incoming

By DCFreak

Updated

Ripple isn't looking so good interms of overbought RSI and MACD.
I'm expecting a drop to the trend line soon.

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Correction started

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There we go, it should drop back to the trendline within 4-5 days, then that will be the start of a new cycle to a new all time high? we will see when time comes.

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Oh I see whats going on. The price is almost 3$ in Korea, so US markts are trying to catch up.

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at 3.2$ Ripple would surpass the market cap of Bitcoin and will be the #1 cryptocurrency.
I'm so confused on whats going on lol.
If ripple doesn't end up being added to coinbase, we will see a huge correction back to where ripple started.

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"Ripple cryptocurrency surges as Japanese groups agree to use it"

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Current price in bithumb (korean exchange) is $2.80
meaning other exchanges might try to catch up... I wouldn't risk it personally , but do what you think is right.

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BTW if XPR becomes the #1 crypto in volume, I expect a huge huge correction in bitcoin.

Koreans Japanese and maybe chinese will be in XRP instead of bitcoin dropping the price like no tomorrow. JUST SPECULATIONS and no its not based on any study just a personal guess.

This is so funny to watch

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Correction, ripple needs to double one more time to be the #1 marketcap coin. However, at this parabolic trend its so easy to go 100x if there is volume, which there is. We will see.

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looks like its going to 4$ in korean market lol.
6$ and it will be #1 coin.

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I think the party is over

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watching the Korean market, it crashed hard, then recovered but it should crash again. So US exchanges are just going up and down crazy.
I made 14% in 1 min riding the wave, but dont recommend you guys to do the same. high risk.

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The ripple effect was really bad for alts, as everybody sold alts to ride the wave.
Also it accelerated the fall of bitcoin... so be very cautious now.

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couple more days and it will be at the trendline unless coinbase announces that it will be added, in which XPR will be at about 5$.

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The trend line will be touched sooner or later. Just extend it, and when time comes it will fall down there.

Trade closed: target reached

here we go...

DCFreak

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