Ripple crash or buying opportunity?

in #ripple7 years ago

Many traders and hodlers worry about their Ripple due to its massive bear movement this week.
In my view, supported by own technical analysis, this was just a correction to the trendline which started with the big bullish movements on Dec 13th.
1765E666-446F-4F3C-BE1F-BCD504A31291.png
The fact that the graph bounced straight up from the trendline (~20%) makes me think the correction has been completed. The graph now provides a big buying oppurtunity. After this low, a new high is achievable in some weeks, as I see it.