XRP - Neutral to slightly bullish

28 Jul

XRP - Neutral to slightly bullish. There has been a lot of nice upward action since July 24th as XRP attempts to maintain the bullish structure above the long-term down channel. This is a risky place to open a new position until we have a definitive indication that selling pressure is over and we are out of peak greed, otherwise, potential profit taking can send XRP back into the downtrend. Positive news can easily and quickly send XRP bullish toward the 0.60's, again I see resistance at the 0.62 level. XRP still looking bullish on the weekly chart so it still has room to go if we close above 0.59 Sunday.

30 Jul

Catatan

XRP looking increasingly bullish to me