Ripple dropped a lot since 2 days ago by reaching the level of 0.00006900BTC.
Price pulled back up to the level of 0.0000800BTC.
The price level between 0.00007800 and 0.0000800 BTC is behaving as a good resistance level.
Price is now in a range and in a symmetrical triangle.
Lets see the bigger picture:
Yes.It's a triangle in a triangle.
The price range between 0.0000700 and 0.00007360 BTC is behaving as a support level.
If the price breaks through the first triangle (the smaller one) then the price is going to hit one of the trendlines of the other triangle,and by doing so price is going to get squeezed and squeezed until the it explodes.
My bias for this pair is bullish.
I hope that this post was hlepful.
If so,please UPVOTE and RESTEEM to support my idea.
