Ripple still BEARISH!
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Hi guys,
So As you can see, Ripple failed to make any new higher highs for the past few days after a major bull run. For now, I'm staying away from it, unless it gives me a strong bullish sign (trade above $2.8).
First target $2.15
Good luck! - Abdulla
So As you can see, Ripple failed to make any new higher highs for the past few days after a major bull run. For now, I'm staying away from it, unless it gives me a strong bullish sign (trade above $2.8).
First target $2.15
Good luck! - Abdulla
Note
Support broken.Note
Watch out for these moving average, if 50 and 200 MA cross it is a strong bearish sign!Note
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Target 1 reached!Note
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MA update.Note
As I have mentioned above, the similar pattern happened. Note
Moving Averages almost crossing over! Note
Ripple next target $1.6.Note
Ripple is still bearish - don't get trapped :)Note
I get a lot of questions on Ripple and my thoughts on it. The technical analysis I posted a few days ago is still active, and Ripple is still in a bearish mode. The current target is $1.6, can it go lower? Yes. What is the best price to buy? I can't tell unless we get some indications that it is ready for a bullish move (which we don't have yet). Good luck! - Abdulla
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