Ripple long @2.45$

5 thg 1, 2018

2.45$ marks the .500 fib retracement level of the current correction. There is also confluence on this level from a prior peak before its subsequent correction. You can also see how accurately the current correction is following the pitchfork lane. If you intend to go long on Ripple, I am pretty confident in and around 2.45$ is your entry point. I certainly will.

To be honest, I have no idea as to where the limits of this asset are. Currently there is a lot of great fundamental value and I might hold on for quite some time.

Disclaimer: I am not an analyst. I like to trade crypto and I like to play around with charts. Take this chart and my comments as an inspiration to your own ideas only. Have fun and stay safe.