Price analysis of ripple (late April 2018 edition) @asswonks

Ripple, which is pursuing partnerships with various global financial institutions, can be said to be the most attentive alto coin right now.

The relative power index ( RSI ) does not show a sense of overcrowding as price increases are progressing, and even if you buy it now it seems that it will not be a high price grab.

In Stochstics ( Stoch ) short-term line (blue line) pushes up the long-term line (red line) from the bottom to the top, it can be confirmed that the chart's momentum is strong.

The current ripple is likely to continue steady growth in the future from technical analysis. It is also steady in comparison with other virtual currencies, and steady fans seem to be rooted.

▼ What is Relative Power Index ( RSI )?
RSI is an index to measure whether the momentum of rising fluctuation or falling fluctuation is strong on the closing price basis in the most recent fixed period. It is an index that sums the fluctuation range of the closing price base at each point in the most recent n period, that is, the cumulative total of the increase width and the cumulative decrease width, of which the cumulative increase of the total is the percentage of the total. That is, RSI is bought too close to 100 %, and as RES approaches 0 %, it shows oversoldness.

▼ Stochastic ( Stoch is a)
high in the past, for the low price, with a numeric indication of whether the closing price of the day is in what position, "Pasento K ", "Pasento D ", "Pasento SD called" 3 of one It consists of indices. The basic index is "% K ". This is because the current price (it is common to use the latest closing price at that point in time ), when the range of the price range (maximum value - the lowest price) that moved within a certain period is taken as 100 , what% Where it is located.

▼ What is Arroon ( Aroon ) is
an indicator to judge a trend turning point and whether a trend is occurring.

As a judgment criterion of the buying signal, it is suggested the beginning of the rising trend if the time when Arnon crossed Arrowdown down crossing from the bottom to the top or Arneapup reached 100 .

In addition, it means that an upward trend has been formed when the Arnon-up continues at 70 or more after that . When it falls by 50 %, it represents the end of the descent trend.

As a judgment criterion of the selling signal, it is suggested that the sale of the downward trend starts when the downward trend of Arnown Down has passed through the top of the Arne Up from the bottom up or the Arne Up is 100 , Even after that, when the downward trend is 70 or more, it means that a downward trend has been formed.

Source: bit trade
https://lp.bittrade.co.jp