CeYearwood

3 Most likely areas of rejection for XRP/BTC

BITSTAMP:XRPBTC   XRP/Bitcoin
Based on Supply/Demand Zones, these are the 3 most likely areas of consolidation or rejection for XRP/BTC. Probably a consolidation at the first level then a rise into solid rejection at later levels as either Bitcoin resumes an uptrend or Ripple cools and sells off a bit. Ripple being unlimited fundamentally versus Bitcoins limited supply will possibly help maintain the range (but this last sentence is pure speculation on my part). I'd be surprised if XRP/BTC pierced that third highest level.

Oh ignore the super-trend indicator, I probably should've taken that off before I made this.

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