ahmed_elshehapy

XRP VS USD, #Ripple and hope

Short
Ripple and hope on the daily frame
It seems that the weekly frame and the look or analysis that I published yesterday did not meet the approval of some because of their confidence in the work and their emotional attachment to it, I think, which is what I warned against yesterday.
also
There is a certainty among some that the price drop is impossible as if the price was born at high levels and was never trading from low levels despite the chart in front of you and the price remained for long periods in the past, less than half a cent in the past


In any case, we are all in one boat, and it is in my interest and the interest of everyone that it goes up, and the possibility of it going down is certainly something I do not wish for, and I am not sure that it will happen.


Let me now tell you about the bullish scenario on the daily frame
And about the goals of his work, Ripple, if the bullish scenario that we all hope for is achieved

I told you yesterday about the 16-cent level and its importance, and as shown on this chart now shows the importance of the 16-cent level and the importance of maintaining higher than it

On this frame, it seems that the hope lies in that wave X will be wave No. 1 and that wave Y will be wave No. 2, and it is necessary for all this decline or correction to end without breaking the 20-cent level so that we can adopt it as a corrective wave 2, followed by a strong rise that penetrates the descending channel on This is the daily frame

In the event that this happens, it will be very nice to watch the rise and its continuation, and then Ripple’s goals will initially reach $3, and there will be bigger and farther goals up to $7 in the long run.

Do not forget that the price is now trading at the levels of 40 cents, and what I tell you about is our hope to maintain stability at the highest levels of 20 cents
And breaking 16 cents will force us to change our view towards yesterday's chart that was published, which says that in this case the price target will be to drop near 6 cents.

In the end, it all depends on how well you know how to manage risks

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