Since last ATH @3$, XRP suffered and touched major resistance @0.25$.
XRP might be ready to make a decent move and touch moving average resistance. This trade is in my opinion safe because the 0.25$ resistance has touched once and XRP kept bleeding since ATH.
I'd recommend to wait for XRP to drop a little bit and then buy between 0.25 - 0.3$. Safe sell would be around 0.55 because XRP still has a lot to do to recover. Loss been huge and people may sell as soon as it reaches decent price.
Keep in mind that's it's one of many scenarios, anything is possible.
Good luck !
XRP might be ready to make a decent move and touch moving average resistance. This trade is in my opinion safe because the 0.25$ resistance has touched once and XRP kept bleeding since ATH.
I'd recommend to wait for XRP to drop a little bit and then buy between 0.25 - 0.3$. Safe sell would be around 0.55 because XRP still has a lot to do to recover. Loss been huge and people may sell as soon as it reaches decent price.
Keep in mind that's it's one of many scenarios, anything is possible.
Good luck !
Trade active:
Here we go ! XRP hits right in my target. Bought my tickets.
Remember, safe sell target is around 0.55$ but there's also a probability that it goes up to around 0.8$, depending if a lot of people jump in and/or if BTC has a rally between XRP's rally. Finger crossed !
Remember, safe sell target is around 0.55$ but there's also a probability that it goes up to around 0.8$, depending if a lot of people jump in and/or if BTC has a rally between XRP's rally. Finger crossed !
Trade closed: target reached:
Gratz to everyone for this trade !