Ripple Price Action For the Past Year in One Chart
#BTCXRP has had a formulaic pattern over the past year.
The 10 day moving average (10 DMA) has more or less determined the direction of Ripple.
When the 10 DMA crossed over and above the 20 DMA, we tend to see some continuation in upward price action, but the second the 10 DMA crosses back down over the 20 DMA, we find ourselves in a bearish environment.
The 10 day moving average (10 DMA) has more or less determined the direction of Ripple.
When the 10 DMA crossed over and above the 20 DMA, we tend to see some continuation in upward price action, but the second the 10 DMA crosses back down over the 20 DMA, we find ourselves in a bearish environment.