Hey, I am back with another analysis this time looking at XRP.
So this pair is pretty stable and doesn't do much lately, but I still remember the pre december 2018 breakout moves, so I don't underestimate the potential.
Psychology, so many have already given up on XRP, because it's "ded".. please note that XRP once didn't cost even one cent..
Technicals, the price is in an uptrend, this trade long idea will be canceled when the price breaks below the uptrend line, support area.
Entry
0.20000 - 0.20275$
Take profit
0.22500$
Good luck with trading! If you liked this idea, you know what you have to do :)
So this pair is pretty stable and doesn't do much lately, but I still remember the pre december 2018 breakout moves, so I don't underestimate the potential.
Psychology, so many have already given up on XRP, because it's "ded".. please note that XRP once didn't cost even one cent..
Technicals, the price is in an uptrend, this trade long idea will be canceled when the price breaks below the uptrend line, support area.
Entry
0.20000 - 0.20275$
Take profit
0.22500$
Good luck with trading! If you liked this idea, you know what you have to do :)
Trade closed: target reached
Target has been reached, +10% made.
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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.