Flash Analysis: Ripple Hits New All-Time High, Challenging the $1 Level
Ripple is breaking out of its short-term consolidation pattern, and after our short-term buy recommendation yesterday, it is trading near the historic $1 level, being up by almost 400% in two weeks, while the coin gained around 30% just today.
The digital currency that has been correcting for over 6-month after its meteoric rise in May finally broke out, riding the euphoric wave of buying in the segment two weeks ago. At that time, it was the only major on a long-term buy signal in our trend model, that turned to a sell signal on December 15th, after the coin quadrupled in value.
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XRP is at 2$ now... :D
Xrp 3$
Hi @ravindra9, I REALLY hope so! XRP was already at $3, and in my opinion, considering all their work and the incredible partnership they have secured it can only go up! So let's have faith, keep our fingers crossed and prepare for the next Internet Revolution! :)
Thanks for your comment!