RIPPLE and BITCOIN - the perfect combination!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XRP/ BTC is still sitting around its All-Time-Low so the most probable movement from here is up.
Moreover, the downtrend is showing signs of weakness by not being able to make bearish impulse movements like before. as you clearly see, the impulse moves are getting flatter and smaller in size. while the corrective movements are getting steeper and bigger in size.
That's why we are looking for buy setups.
XRP/BTC is forming a trendline in orange but it is not valid yet, so we are waiting for a third swing to form around the trendline to consider it valid and then buy on its break upward.
Until the buy is activated, this one would be overall bearish and a downward movement is still expected.
Good luck
~Rich
