Xrp, Ripple

Is Ripple Still on Repeat?

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Ripple, XRP,

The pattern of price movement on the XRPBTC chart has been on auto-pilot repeat mode for 22months now. Therefore we currently have a VERY simple market view :

Bear: wait for the support to break and short it. Likely to be a short sell for a few months. Bullish tilt would emerge after sideways to play a relief rally.

Bull: long a breakout of resistance. This would also lend itself to the price pattern finally stopping its repetition after almost 2years of easy trades. Bearish tilt would be reactivated under the breakout of resistance.

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