XRP Price Spikes Over 10% With Traders Rushing Back Into the Rally
XRP price started a steady increase above $2.20. The price is now consolidating gains and might aim for another increase if it stays above the $2.180 level. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.280. XRP Price Gains Momentum XRP price started a decent upward move above $2.020 and $2.050, beating Bitcoin....
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Bitcoin price has faked advance, and now proceeds to retest the consolidation zone near $570 (Bitstamp). For traders to get themselves in profitable trades, they only need to follow a method and apply the required discipline to stick to their method. And then, evidently, sometimes you have to defy the method! What a life. At xbt,social we saw powerful bullish signals forming in the intermediate timeframe charts, during the past week, but decided on $600 as the trigger to entry. Precisely because the bitcoin market fakes-out prior to advance. The chart signals have been out of sync during....
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