BTC, ETH and XPX Price Stabilizing - Updates & Ongoing Thoughts (#13)steemCreated with Sketch.

in #bitcoin7 years ago

To me, all top 3 cryptocurrency prices are non-eventful in the past week. Most people look at the daily point swings are finding them volatile and even scary. Not to me.

BTC:

As you can see on this log chart, BTC stabilizing nicely on the high price range in the past few weeks. It shows some strong resilience. Nice! Although the trader in me still wants some sizable downside in order to get another good entry point. 

ETH:

It touched the trend line a few times, and each time was a good entry. The same fact is still true. 

XRP:

I like the fundamentals of Ripple, but the XRP chart's always thrown me off balance. I have no idea what it holds. It has been oscillating around 0.25 since mid May. And it essentially stopped forming any trend in the entire June. I kept saying that I had no idea. And it just going sideways. 

Still don't.

But if you believe that Ripple is going to be adapted by more and more banks, so this thing may go to $10 in no time. This is the first time I have had at least this slightest idea about it.


Previous Post In This Series:


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