I'm liking sentiment in 
XRPUSD here. Prominent economists are predicting a fall towards $0 by February, which I think is a pretty extreme call.
Realistically speaking, risk is a fall below the green dashed line in this chart to nullify potential upside. If it bases here until January it may flash a long term bullish trend which may turn $100 invested here into $7700 if it lands on the target during 2020.
I wouldn't bet too big on #XRP personally, but maybe a small no leverage position would be logical here (think 1%).
Cheers,
Ivan Labrie.
XRPUSD here. Prominent economists are predicting a fall towards $0 by February, which I think is a pretty extreme call.Realistically speaking, risk is a fall below the green dashed line in this chart to nullify potential upside. If it bases here until January it may flash a long term bullish trend which may turn $100 invested here into $7700 if it lands on the target during 2020.
I wouldn't bet too big on #XRP personally, but maybe a small no leverage position would be logical here (think 1%).
Cheers,
Ivan Labrie.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.