$XRP/USD 5D (Bybit) Big bull pennant on support

Ripple has formed a bullish continuation pattern on macro view and is sitting on 100EMA, future looks quite promising for next year!

Risk/Reward= 1:2 | 1:4.51 | 1:7.62
Expected Profit= +52.08% | +117.70% | +198.91%
Possible Loss= -26.10%

Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 10 months

Website: xrpl.org/

Contracts:
#Mainnet
#BEP20 0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe
#BEP2 XRP-BF2


⚡️⚡️ #XRP/USD ⚡️⚡️
Exchanges: BitMEX, ByBit, Binance Coin-Futures
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)

Current Price:
0.8316

Entry Zone:
0.8315 - 0.7139

Take-Profit Targets:
1) 1.1751
2) 1.6822
3) 2.3097

Stop Targets:
1) 0.5710

Trade closed: stop reached:

SL was hit with -26.10% (1x) and -1R

Ripple lost 100EMA support and is breaking the pennant down, 200MA around 0.51$ is the last hope for a bounce and up-trend to resume!