XRP - upside movement to monthly pivot + possible reversal
As shown in the chart xrp might increase its value against the bitcoin in the next weeks.
Current downtrend of BTC could start the long expected ripple.
Market also looks good. We have a surging demand in central-east asia that effects japanese markets.
Since Ripple's main purpose is forwarding intra bank transfers in japan the date could be nice.
Targets set to s1 an p points.
BUY IN: 3.5k
TP1: 5.5k
TARGET: 8k
Circle analysis of 4H chart
Current downtrend of BTC could start the long expected ripple.
Market also looks good. We have a surging demand in central-east asia that effects japanese markets.
Since Ripple's main purpose is forwarding intra bank transfers in japan the date could be nice.
Targets set to s1 an p points.
BUY IN: 3.5k
TP1: 5.5k
TARGET: 8k
Circle analysis of 4H chart
Trade active:
rebuy after correction
Comment:
wrong screenshot