XRP/USD Basic Analysis

18 Eyl 2017

Currently, the price has been within channel seven for 27 days. This is well above the average of 21.82 days. However, this is only within the confidence interval of 42.5%. This will climb very quickly to 90% if the price stays within this channel for another 9 days. The probability of a move into channel 8 is as follows:

9/18/17(Today): 42.5%
9/19/17: 50
9/20/17: 56.5%
9/21/17: 62%
9/21/17: 67.5%
9/22/17: 72%
9/23/17: 76%
9/24/17: 79.5%
9/25/17: 82.5%
9/26/17: 85%
9/27/17: 87%
9/28/17: 89%

23 Eyl 2017

Not

79.5% confidence of a move into the next channel.

24 Eyl 2017

Not

82.5%

25 Eyl 2017

Not

Today, XRP broke up to channel 8 at the 85% CI.