Ripple Analysis 3/28/19 | Short-term troubles still
When I drew the supple zones yesterday I had expected those zones to be areas of retracement for Ripple and as of today, they still are. XRP had attempted to break out of supply zone #1, but has retraced in the process. My analysis has not changed: absolute short by $.33215 and reasonable short at $.31800. That being said, a reasonable long at $.3000 is good too. I also am finding VPVR very consistent with XRP’s price action and am using it more than I normally would, so hopefully I am not feeding into my own bias here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.