Get started
UnknownUnicorn1308099

First try of an TA

XRP (BITSTAMP:XRPUSD)  
UnknownUnicorn1308099 Updated   
BITSTAMP:XRPUSD   XRP
Support and Resistance Trend Lines xrpusd long-term
6
2
supportandresistance trendline xrpusd long-term
snapshot
After many failures and destroyed hopes and dreams, i made my own TA of an currency. I just started trading couple weeks ago. Trying to be as realistic as possible.

The short term trend of XRP (and all other coins) has reversed after the BTG fork as expected. It´s moving towards 0.26, might hit 0.29 again. Strong support level is 0.15
I don´t expect the price will go above 0.30 until at least January 2018.
In early 2018 ripple will be made accessible for individual users in japan and other areas in china. I expect the trend will break 0.30 and will head towards 0.45 USD, maybe 0.50 USD. New resistance levels will probably form below those levels.

Good Luck to all!
Trade active:
snapshot
XRPUSD climbed slowly but steadily in 0.02USD steps towards 0.205 in a small up channel.
Xrp has the potential to break out and go above 0.205 or retreat and go couple levels below.
Comment:
Comment:
Comment:
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.