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Author Topic: Ripple slides even lower. Where is the limit?  (Read 14 times)
ICEXch
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March 29, 2018, 05:41:34 PM
 #1

Ripple slides even lower. Where is the limit?
https://app.icex.ch/en/feed/technical-analysis/2521-ripple-slides-even-lower-where-is-the-limit
In the last review on Ripple, we wrote about the edge of the abyss.
Over the past time, Ripple crossed that border and stepped towards the void.
We also see a signal for sale from the MAcross on the weekly chart ...
Technically strong support is only about $ 0.25
According to previous experience of market observation, such slide can last quite some time, it could even go on for several months.
And a potential turn to growth, if it occurs, won’t be sharp, with high probability it would be gradual.
We will see.
In the meantime, the rate will probably continue the decline.
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jimbo2000
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March 29, 2018, 07:28:22 PM
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I wouldn't be surprised to see all coins fall back to their previous autumn time levels, that's about $300 for ETH, $0.25 for XRP, $30 for Neo. Litecoin is the only one that I think might break this as it's still performing pretty well, I would put that support about $50 for LTC. Where bitcoin is in all of this is I anyone's real guess, I would speculate about 6k. If these levels fall then there's really little support. Some of those prices were held for many months so probably are the last significant support level on the way down.

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