Hello Friends,
I didnot take Ripple seriously, but no wonder why everyone says Ripple is sleeping giant. I was trading technically on this coin multiple times, but the background /fundamental is soo huge.
Banks can save trillions of Dollars because of Ripple.
So I strongly recommend to add XRP to your profile. I hold my 10%.
I will add more fundamental links in future.
Lets about technicals :
Quick 50% trade possible on this pattern with the target of 21000.
I will post about long-term view on this later. Most welcome to discuss all the fundamentals on this.
Just remember, one of the few to predict XRP trade.
Our previous analysis :
I didnot take Ripple seriously, but no wonder why everyone says Ripple is sleeping giant. I was trading technically on this coin multiple times, but the background /fundamental is soo huge.
Banks can save trillions of Dollars because of Ripple.
So I strongly recommend to add XRP to your profile. I hold my 10%.
I will add more fundamental links in future.
Lets about technicals :
Quick 50% trade possible on this pattern with the target of 21000.
I will post about long-term view on this later. Most welcome to discuss all the fundamentals on this.
Just remember, one of the few to predict XRP trade.
Our previous analysis :
Note
exit on break below the pattern. We can look at it again.Note
stop loss : Exit on break below the pattern.
Note
Are we heading to the moon? Currently 10% up from our price, soon we will reach our target.Note
I feel it would take some more time to gain the momentum. It is trying hard to break the previous recent high @15900, but couldnot. The day close would give more clarity.It has to break this range.
Stoploss can be 13600
Note
Stoploss should be on 4H closing basis.Note
Please reduce your exposure.Note
One can add more on this breakout
Note
Let me tell you, we can see Ripple @24000 in 10 - 15 days.Note
Close to target, book your profits.Wow, We have achieved 70% in 3 days.
Note
Down to 19000, it was at 23000+, we will revisit this again laterNote
Just take a look at the daily candle.RSI is falling from the top and we are heading to previous support range.
Buy in Range is 16000-17000
Note
I may buy upto 12000Note
Have your stop loss, I dnot see the strength.Note
Still in the range, if you get a chance buy at 13700-14500, sl below this levels. Failure to hold this level, I see XRP to drop to 8500 level.Note
strict stop loss is required below the levels.Note
strict stop loss is required below the levels.Buy back levels 8500-9000
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.