Hello guys, Here is my opinions on Ripple, i know most of you guys don't like ripple and don't want to trade ripple but we all know that when ripple starts to increase it happens really fast and it tests it's ATH nearly in 1 week. In this bull season, if you have XRP and you don't want to hold it, you should think again because probably it will test it's ATH with the bullish movements in 1 week. If you don't have XRP in your portfolio, you should add it because of same reason. Stay Safe, Out.
Trade active
⋅
We are still above the support line, which is a desired situation for bullish scenario. Also, we have a buy signal from MACD, but it needs to be confirmed with an upward move. I guess we just need more consolidation to go up because Bitcoin can not stay calm. I'm really optimistic about this trade so i will hold it. Will update this trade if anything major happens.
Comment
⋅
Trade active
⋅
Support zone holds. So we don't close any positions for now.
I like your chart, I have been seeing about the same thing. Although these movements could be the more conservative path.
I find XRP usually makes larger moves beyond a 1.618 fib extension of the consolidations high and low. 1.618 brings us to about 0.000123 and just based off history seems like we could just blow past that level to the .00014-.00015 area.
But I do see us hitting the highs again possibly by the end of this month one way or another. :D
cyberholz
⋅
In one week? That^s a bit bold...
BikBookly
⋅
@cyberholz, I literally just said to myself, "that's a very bold claim." Hey, I hope it's right.
orthocrypto
⋅
@BikBookly, my ta does not show the predicted times, it is only about prices. The week that i mentioned in my idea does not mean this week, it only means that when ripple gets it's pump, it will moon it in one week. For example, at the end of the may lets assume that ripple price is 0.00011 btc and it gets pump, then we can see a 2x or 2.5x just in one week.
I find XRP usually makes larger moves beyond a 1.618 fib extension of the consolidations high and low. 1.618 brings us to about 0.000123 and just based off history seems like we could just blow past that level to the .00014-.00015 area.
But I do see us hitting the highs again possibly by the end of this month one way or another. :D