$XRP.X: Next Roadblock in Sight!

4 Eki 2017

XRP seems to be gaining some exciting bullish traction! When looking at the daily, XRP's current USD exchange rate is hovering directly above its 100-day SMA, indicating a possible level of support around this price level ($0.216). In addition, the RSI seems to be signaling that a regain of its previously lost momentum is steadily settling in. Buy volume is coming in strong, and the 12-day EMA is holding itself well above the 9-day EMA on a steady upward rise. In my opinion, expect XRP to experience some bullish action in the short-term future, especially as we near the big Ripple 'SWELL' event on October 16. Note: If XRP can successfully break through previous resistance indicated by the white trend line, well... you already know. #bullish.