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Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break

Ripple price rallied recently and broke many key resistances near $0.3080 against the US dollar.

The price even settled above the $0.3100 resistance and the 100 hourly simple moving average.

Yesterday’s highlighted key bearish trend line was breached with resistance at $0.3085 on the hourly chart of the XRP/USD pair (data source from Kraken).

The pair rallied towards the $0.3250 resistance…

Taking Long Positions in Bitcoin is Comfortable: Former BoA Trader

Taking long positions in Bitcoin should be comfortable for traders, according to Naeem Aslam.

The former equity trader with the Bank of America said Thursday that he would purchase bitcoin if the crypto-asset compliments a crucial technical indicator.

Dubbed as Moving Average, it allows traders to calculate an average asset value for a given period after removing noisy price movements.

Should…