Aloha, trader.
Welcome back to another trade analysis.
Today we will be analyzing the crypto market once again. Ripple has exploded with nice volume this morning while most other cryptocurrencies have remained somewhat boring. Ripple is the coin to watch at the moment for short term movements, but we hold that Ethereum and Litecoin will prevail in mid term. Getting back to XRP, we bought in at 0.00008037, noticing its strong upward movement, but it's not too late to profit. With such strong volume and movement, I predict Ripple to build its way up to at least 0.00008300 by the end of tomorrow.
Watch for pullbacks. The MACD and bullish momentum will likely continue Ripple's upward movement, but pullbacks are practically guaranteed at this point. Set your profit limit and stick to it.
For the time being, we are holding our long position on XRPH19 with 10X leverage on BitMEX.
Thanks for reading, leave a like if you agree!
Welcome back to another trade analysis.
Today we will be analyzing the crypto market once again. Ripple has exploded with nice volume this morning while most other cryptocurrencies have remained somewhat boring. Ripple is the coin to watch at the moment for short term movements, but we hold that Ethereum and Litecoin will prevail in mid term. Getting back to XRP, we bought in at 0.00008037, noticing its strong upward movement, but it's not too late to profit. With such strong volume and movement, I predict Ripple to build its way up to at least 0.00008300 by the end of tomorrow.
Watch for pullbacks. The MACD and bullish momentum will likely continue Ripple's upward movement, but pullbacks are practically guaranteed at this point. Set your profit limit and stick to it.
For the time being, we are holding our long position on XRPH19 with 10X leverage on BitMEX.
Thanks for reading, leave a like if you agree!
Comment:
New projections to 0.000086 by end of week.