Ripple Price Forecast Update January 29, 2015

What Happened To The Ripple Price Since January 28?
We update the Ripple forecast from yesterday:
 
Short Term Ripple Price Forecast (XRP/BTC)
Yesterday, we stated: "... we will see a short term rally, particularly if ripple prices can mount a breakout above the red trend line.". And indeed, this happened as we forecasted. See the chart below.

Ripple Short Term Forecast Update January 29, 2015
Summary Forecast Short Term:
UP as long as holding above 0.000057 BTC ( target 0.000072 BTC). Bearish below 0.000056 BTC (downside target 0.000025 BTC).



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