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February 10, 2018, 02:15:11 PM |
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ripple has caused a lot of heartburn to its investors... at the current price, it is still down about 67% from its peak. it has been trading in a small range for the past five days and is not finding much interest among the buyers. however, we believe that if the XRP/USD pair breaks out of the 20-day EMA and the downtrend line, we can expect it to attract further buying, which can propel it towards the overhead resistance of $1.74. therefore, we need to wait for a breakout above the 20-day EMA before buying.
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