My analysis and thoughts
Do I think we hit bottom? Not really.
This spike of today was only due to an announcement and we've had many of those but yet we are still below 0.50. Many announcements have happened only for xrp to come back down. You could say regulations or not enough customers or etc, price still fell. Do I believe xrp will go higher? Of course but my eyes are at 0.275(potentially lower) before that happens.
My 3 lines(along with other things on mt4) will confirm the bull cycle for me on the technical side.
Do I think we hit bottom? Not really.
This spike of today was only due to an announcement and we've had many of those but yet we are still below 0.50. Many announcements have happened only for xrp to come back down. You could say regulations or not enough customers or etc, price still fell. Do I believe xrp will go higher? Of course but my eyes are at 0.275(potentially lower) before that happens.
My 3 lines(along with other things on mt4) will confirm the bull cycle for me on the technical side.