XRP
Updated

Ripple hitting this .75 cents resistance

2 804
Ripple broke that trendline and is moving up nicely. If you bought last time on the break above or retest of the .65 cent level, you are in profit. Make sure you either sell half to lock some in, or protect yourself with a stop. Right now we are sitting at this next major resistance point.

Signs it's going to continue up to .90 cent area and ways to play it
1. Breaks the .75 cent high resistance point. You can throw a buy stop just above it for a continuation move like last time.
or
2. Comes back down to this .70 cent trading mark and then continues higher.

I would lock in profit with stops and really watch this .65 cent zone, if we break that we are going do to .55 cents or in that channel.

Happy Trading,

-Sherem
Note
and please smash that like button if this analysis helps!
Note
I updated the chart -
What a play on Ripple! XRP USD

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