Whilst XRP is showing many bullish signs at this moment, it has been trading on a long parallel channel for months. With a huge range of 30% from top to bottom and vice versa.
Now, if we are looking for something BIG, we need to break the top line of the channel first. Marked with the Magenta line.
If XRP closes above it on a single day, we are looking at possibly some major gains.
If this trades interests you, you have the option to join now and wait, with a stop-loss at the level of .2198.
The second choice is to wait until the trendline has been break. As soon as that happens, above 3000, you can open a LONG and positive trade. With a short stop loss at .2788
P.S. Already fighting with the first strong resistance (green dotted line).
Hope that helps.
Bình luận
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XRPUSDT is way over its TD count. Bitcoin took off, but there is still no sign of retrace. This coin tends to fall short, always, as it has been trading on the same channel for months...
If it stays above 0.28, this signals strength. If it breaks, look out, you can search for support at 0.265 and 0.245 before even getting near to the stop loss.
Chart:
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An image is worth 10 Billion words... in this case:
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XRP ... bad but also good memories comes to me ^^
now i am in good profit.. but i dont know what to do right now? sell with nice profit and maybe missed another chance.. or Hodl it...
Candlestickman84
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@Psywalker, Sell it where you feel comfortable. The chart doesn't lie it's one of the few coins that's been so consistent and frankly I feel that's almost by design. It's in Ripples best interest to try to keep the XRP from going crazy. It would be very difficult to service banking transactions when XRP is all over the place like a majority of the ALT market. I see a noce round number like $1. I took 30% profits to make Christmas a little extra special this year the rest I'm holdIng to buy a rental property one day. Take Care.
Psywalker
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@Candlestickman84, well said. Thank you!!
But I missed to much chances with early sells... so i am a lil bit in trouble you know what i mean :)
i dont have to much XRP but i will sell a bit to secure my profit ...and the rest.. time will say..
sorry for bad english, i am from austria
BrunoDanteSampaio
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so guys, how are we with XRP? I sold 5% of earnings and I think XRP is headed to $2, since it partnered with some institutions in Asia, Ripple posted a $2 XRP was on the horizon for 2018 and it has rumors to be listed on coinbase.. Let's see.
lolnopls
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most of the pump from xrp coming from south korea and japan. google xrp news with japan & s. korea bank. expecting xrp to break $1 by 2018
now i am in good profit.. but i dont know what to do right now? sell with nice profit and maybe missed another chance.. or Hodl it...