hi guys, short term,...few week term until btc tops, i think ripple could be risk low coin you can choose to buy to go long.
4hour xrp, i think it is overall big ascending channel, from few month ago..and now, 4hr/daily looks bullish to me.
0.33~0.32 dollar...should be buying range.
under 0.31 dollar should be stoploss, but check the boxes for entries. the coin is basically slow, but i think it would go up.
try to buy small amounts..whenever price drops into the boxes...no all in.
the target is weekly baseline, which is around 0.43 dollars...xrp in the past, after breaking above the descending triangles/falling wedge, it tends to shoot more then that(usually because it closed above weekly baselines daily...)
so i guess around 0.5dollar or some more.. could be MAX move. it would have difficulties going in the weekly cloud,more like massive sell off would come.. i do not think it can even touch it..by that time btc will top too..
and xrp/btc...attractive enough to go long in bitmex or binance...macd golden cross...oversold with escaping the falling channel..trying to make divergence..everything points at going long i think.
so good luck. dangerous considering btc is hovering at dangerous levels..but xrp tend to go up when btc is in consolidation or stale.
stoploss should be under 0.31dollars for this move. i do not think it would come to 0.31 dollar before moving up..lets see.
thanks for reading! have a nice day~
4hour xrp, i think it is overall big ascending channel, from few month ago..and now, 4hr/daily looks bullish to me.
0.33~0.32 dollar...should be buying range.
under 0.31 dollar should be stoploss, but check the boxes for entries. the coin is basically slow, but i think it would go up.
try to buy small amounts..whenever price drops into the boxes...no all in.
the target is weekly baseline, which is around 0.43 dollars...xrp in the past, after breaking above the descending triangles/falling wedge, it tends to shoot more then that(usually because it closed above weekly baselines daily...)
so i guess around 0.5dollar or some more.. could be MAX move. it would have difficulties going in the weekly cloud,more like massive sell off would come.. i do not think it can even touch it..by that time btc will top too..
and xrp/btc...attractive enough to go long in bitmex or binance...macd golden cross...oversold with escaping the falling channel..trying to make divergence..everything points at going long i think.
so good luck. dangerous considering btc is hovering at dangerous levels..but xrp tend to go up when btc is in consolidation or stale.
stoploss should be under 0.31dollars for this move. i do not think it would come to 0.31 dollar before moving up..lets see.
thanks for reading! have a nice day~