I'm looking at the daily MACD and RSI. The correction is far from over. Ripple may even go down to $1.20 or $0.85, if you look at the Fibonacci extension. I would not buy it at $2.
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Also, I would say the same about Stellar Lumens, it's following the same exact chart pattern as Ripple. They were both way too overbought in the beginning of January.
I feel the same way about VERGE and believe we are in for a drop between $0.06-0.08 going off fib ratios before resuming up - i wish haejin would address these drops after he has been calling consistently bullish and maybe analyse them in more depth.
Agreed. In fact, I bought that little XVG dip last night. The good news about XVG, the Wraith Protocol was finally released, when the news spreads more, I expect a nice boost in its value.
I'd like to see more bearish (realistic) charts from @haejin, the market is not always bullish!
im only interested in the bullish charts anyway.
And what happens when the bullish charts start going bearish? Always look at both possibilities or you will lose money.
its a great point and worth to keep in mind :).
Ripple is good investment. People already got lamborghini for trading ripple!
https://steemit.com/ripple/@karolynaz/thank-you-ripple-for-my-first-lamborghini-omg-please-share-if-you-like-ripple
Yes, and the fact people have gotten a lambo from ripple should signal a moment of pause amongst investors. If someone was able to make such a high % return that they could get a lambo, is it as reasonable to assume that these gains continue/sustain much longer?
Yeah I bought the same model! Thanks XRP! Banks rullz!
South Korea hit Ripple hard back down to 2 but they look stable now!
Now I just feel bad for the guy. :-\
My first ripple investment was at 22 cents. My only regret was not buying more initially. I continued to buy until it reached 1.20. Now it is time to enjoy the show. No sense in selling after short tips. When more banks start using ripples block chain for faster transactions, this will take off to the moon. Not to mention coinbase adding ripple when their issues get fixed.
I bought at 1$ sold at 3.5 $. Now waiting for coreection to get over.... M sure it will start its upward journey soon
true, 11k SAT and 8.5K SAT is a good level to load xrp