Ripple Outlook

If the price can hold the uptrend support expect a strong move upward and use Fibonacci for Profit Taking Areas.
If the uptrend supports are broken open a short on Ripple Futures or Ripple and also use Fibonacci for Profit Taking Areas.

Possibly being way to overhyped / valued? Seems like a large portion of buyers are chasing the profit opportunity or new people that aren't putting fundamental knowledge in place.

Trade ativo:

Seems as if the Bounce has occurred but not a very strong one. We seem to still be below high swings Resistance so I would not expect a strong move upward just yet. I would possibly expect some consolidation in the swing resistance and uptrend support given that it is the weekend unless something else happens.

Comentário:

Another swing at the resistance awaiting breakout of red resistance would be good area to open a long trade. If a failed resistance happens near end would expect to fall to test next support.

gn.

Comentário:

Not a strong breakout of that swing resistance.