This is my chart for XRP. As you may know it hasn’t followed Bitcoin in its latest recovery but nor did it really last year. It stayed in that 0.15-0.25 range for however many months whilst Bitcoin was taking off. It still managed to be the greatest increasing crypto asset for the year though which I think was a great thing for ripple.
Long term my opinion is by end of year we should really be around $8 minimum. There’s so many companies now lined up testing xCurrent I feel as soon as confirmation to xRapid is announced we should really see the price driving up. But this chart is more of a swing traders chart where you look for trading range and breakout opportunities. Also I show the current downtrend line (blue) where we’ve came down from previous small recovery. So basically for some momentum upwards I’m look for that green line to break. For now we see sideways price action within that small trading range. I’m sure the weekend we see some breakout either way.
This is my opinion and NOT trading advice. Enjoy reading!
In my post:
https://steemit.com/bitcoin/@freedomshift/cryptocurrency-prices-and-portfolio-analysis-and-adjustment
I said:
"Compound growth and decline w.r.t. to BTC with up trend-line; challenger to BTC Buy - HODL"