DerekFrey

RIPPLE XRPUSD, ripple or Wave?

Long
Is the current move in ripple just another false start or the start of something real? Only time and hindsight will tell but we do have multiple factors pointing to the possibility of it being the real deal this time around. Basically we are buying the bull flag, targeting a run above the recent highs at .80 with stops below the flag. Better than 1.5 to 1 reward vs. risk making this trade very mathematically attractive.

Market: Ripple XRPUSD
Entry: .550
Target: .890
Stop loss: .34
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