A middle-long term analysis for XRP/USD.

9 ene 2018

There ar a red lines as a support price, the green lines is a resistance lines. Basically, we get a approx. mean price in U$ 2.5+-0.4, like a "psychology consolidated mean price" for Ripple (light gray rectangle). I suggest a consolidation behavior with blue arrow. The important observation is: how many buyers was holder? This will say if we get a breakout to up or down. I think this coin is really different from coins used only for transactions like Bitcoin, Litecoin and others, and different in relation with Ethereum, that have a lot of other uses, not only for payments, the Ripple coin is a great idea for reduces de cost os transactions with digital and fiat coins around the world. The growth of use and value is really promising.