My long-term view hasn´t changed. XRPUSD is slowly climbing towards new levels in tiny 0.2USD steps.
XRP showed little movement in the last few days, which is a good sign in itself. I think XRP is more insensitive to bitcoin and price fluctuation than many other altcoins.
This shows in my eyes that XRP is on its way to becoming a stable currency, rather than an asset or pure gambling.
Fundaental:
The next 2 big events are around the corner:
BTC Hardfork around november 16th and
adding XRP on the korean exchange coinrail on november 17th.
Early 2018 XRP will be made accessible to individual users in japan.
4hour Chart:
Since hitting the trendline it rose from 0.15USD to 0.17USD to 0.19USD. We´re waiting now for a reverse sign which hopefully will bounce off and take then to a new level.
If the support breaks we could fall down to lower levels.
XRP showed little movement in the last few days, which is a good sign in itself. I think XRP is more insensitive to bitcoin and price fluctuation than many other altcoins.
This shows in my eyes that XRP is on its way to becoming a stable currency, rather than an asset or pure gambling.
Fundaental:
The next 2 big events are around the corner:
BTC Hardfork around november 16th and
adding XRP on the korean exchange coinrail on november 17th.
Early 2018 XRP will be made accessible to individual users in japan.
4hour Chart:
Since hitting the trendline it rose from 0.15USD to 0.17USD to 0.19USD. We´re waiting now for a reverse sign which hopefully will bounce off and take then to a new level.
If the support breaks we could fall down to lower levels.
