Only charts

The first and most popular crypto currency , bitcoin is sliding below the last line of support 6300$ ,now trading at 6170$ . Honestly i was terribly bullish on bitcoin and I was seeing 13000$ as year end target. However that fall from 7500$ to 6200$ is a very bearish sign and there is no sign of even short term recovery. So , the target now would be 3000$ It is recommended to liquidate to tether until it is very clear if we are keeping the slide or recovering again over 7000$.

Ripple ($XRP) fall to lows of 1.05$ where it found critical support and rebound to 1.11$ at the moment of writing. Yesterday XRP broke below the bullish trend-line and broke the double bottom at 1.14$ . Last line of defense mentioned in earlier post managed to give the pair some support. Currently the pair might face some resistance at 1.14$ (previous support turned into resistance) and we have 1.25$ as break or make critical area. it will of great resistance which if broken will create a strong bullish trend.

Ripple ($XRP) broke below the bullish trend line on the 1h chart and fall to 1.15$ close to our earlier mentioned critical support at 1.14$ where it formed double bottom. If we break below that level , the sentiment will be extremely bearish. We will have a chance of retesting the broken bullish trend-line and the intact bearish trend-line at 1.25$ as show below. If we manage to break that area successfully , $XRP will turn into bullish trend and possible rally towards 2.30$ area. Keep following for updates..

XRP/USDT tested the rising trend line at 1.25$ and currently rebounding to 1.27$ , Stay long till we test bearish trend line again possibly at 1.34$. Ripple has tested the bearish trend line earlier but failed to break and as I mentioned earlier we are currently witnessing a war between the bulls (rising trend line ) and bears with bearish trend line. The angle lies at 1.30$ where it will forced to break either direction.So  stay long unless we break below the rising trend-line , next support will be 1.14$. Keep following for updates.

Ripple challenged the last bearish trend-line but failed to break at 1.39$ , XRP is currently retesting the rising trend line from yesterday as shown below. So it is now a war between two trend lines (war between the bears and the bulls) , lets see which one will win.

Ripple is being bound the bearish trendline formed on the 30 minutes chart as show below and it has been trading below the 200 SMA (simple moving average) for 2 days now. Once we break above that line , first resistance will be around 1.55$ then followed by 2.30$ , on the down side , first support can be found 1.14$ which proved to be double bottom for 2 days now. If xrp/usd breaks 1.14$ , we will test 1.05$ , However , it is preferred to stay as long as you can until we break 1.05$ and your target should be around 2.30$

Ripple (XRP) is currently consolidating against bitcoin (.00010040) area , A daily close above .00011000 will clear the path for XRP to make further gains and target .00014 level and above. XRP/BTC is still trading below the 200 SMA and EMA , However it is supported by the lower bandwidth of bollinger bands and it is in a consolidation phase before resuming its rally. Ripple block-chain technology which helps banks and financial institutions make fast international transfer in just few seconds has partnered with both Japanese and Thailand banks this week,. That partnership may help be a catalyst for a further rally to break 1$ and above in the coming month.

Ripple has rallied during the last 2 hours almost 30% and it still has more room on the upside till 0.28$ BTC on the other side is still trading at 2200$ , ripple is good to hold as long term investment. Ripple/ xrp tokens is in partnership with more than 15 banks and is about to help banks implement the block-chain technology which will help reduce the costs for banks and customers and allow faster processing of transactions and money transfer services.