DagobertDuck93

XRP - don't get trapped

DagobertDuck93 Updated   
Have a closer look and keep it simple.

  • 4H RSI: Overbought
  • Accumulation: Divergence | still more buyers > November
  • Weekly Demand: Under pressure - maybe a bear trap
  • Monthly Demand: Hit due to selling pressure

    my 2 cents:
  • BTC: The time your barber talks about BTC is back again - it went hurrican. Looking for a reversal the next days/weeks to let alt-saison start
  • SEC: News timing came in a weired way.

Investment Strategy: HOLD/BUY

Comment:
4H RSI: Oversold*

Target #1: .34-.37$
Target #2: .43-.46$
Comment:
We break lower - so.. what doesnt were in my chart above is the yearly open. its around .19$ and still in play.

There are many reasons to dont panic sell right now.
Stay calm and wait if u are an holder, otherwise try to day-trading. In this region you have huge %gains as a daytrader. Still risky. Because ripple moves fast in any directions.
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