DotcomJack

XRP Update | WAIT for the breakout!

Long
DotcomJack Updated   
BINANCE:XRPUSDT   XRP / TetherUS
Good morning traders,
I see a lot of people looking to re-enter in on Ripple. About a month ago inside the Easy Loot GC, we analyzed XRP & predicted its move to $.175. If this can't hold our next level looks to be toward $.15-$.155

I won't be looking to enter XRP at all until we at the least see a breakout of this channel resistance. Even if we happen to breakout from this smaller channel, we still sit inside a large bearish movement. A breakout and hold above the purple would indicate a strong buy for nearly anyone.

Option 1: Wait for breakout, sell for a 13-20% return
Option 2: Wait for correction and enter at the swing-low (looking for a 4-9% pullback)


Always do you own research before investing | I'm not providing financial advice nor am I a financial adviser.
Comment:
If $17.5 doesn't hold, $.155 will be tested
Comment:
If $.175 doesn't hold, $.155 will be tested*

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