The situation is fragile and what I see from XRP USD price chart, makes me concern about further XRB BTC upward movement. Until we do not go below 2900-2850, we are clear for slow upward movement. As you see from the chart, we have a robust red line that can hold our progress up. Time passes by, and I do not see new BTC coming to XRP, that is the biggest problem. Like I wrote before wait at least 3050 -3100 breach and only then enter the position. As I am on XRP trade from very lows, I am adding leveraged position trades. On the chart, you can see targets, resistance, places where better sell and enter higher and etc.
Trade active
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We have worked out first TP as a charm. What do I see right now: Bad- XRP BTC price stay in a channel, it means that we can smoothly go down with retest of channel mid or even lower prices. Good- XRP BTC is getting more trading volume what means, that more and more of public and whales are coming in. If people will be buying the only way we can go is Upward. From a perspective, nothing has changed: we have managed breach one resistance, and we have many of them upwards. Next 12-24 hours will be crucial. If we stay above 3000 - 3100 we will enter Ichi cloud of H4, which is extreme resistance right now. That will be a compelling buy signal. Remember, as slow we grow, as much power trend has. If we rise in price very slow, we will get a momentum that will reverse all this 2-year downtrend.
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got some extra buying opportunity on a dip. 2019-07-17 06:29:34 Buy 0.00003125
Is there any chance just to sell and make a tone of money, cause this is just the start of a veryyyyyy red period for XRP. By correlation in Xrp you always make more on selling then buying.
exkuji
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@trilogic, It is 558 days on a downtrend... where were you?
Yes, you can search for short entries, but I prefer to search for a reversal point. Better R/R
DeFontain
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@exkuji, I would like to remind you that many Alts have broken all supports and are in the lowest ever. XRP is not even near yet. Personally I will go long breaking 77 cent. With all that said keep it up and good luck.
exkuji
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@trilogic, It is an XRP BTC trade, not USD trade. We are working to gain more BTC, not USD.
Thanks, best of you