XRP has been very as of late. As you may recall from this post:
I gave XRP a target of the first green line and it was hit within 24 hours of writing. This was a 100% increase in less than a day. I did not expect this. However, someone in my paid group managed to catch it and was very happy with the stoploss I set for him because he managed to keep most of his gains. I was certainly not expecting XRP to jump that much that soon, but it can happen. Thankfully, one of my trader's was prepared and caught it.
Anyways, based on the same methodology - because XRP is officially looking - I have set the above targets. Out first target was around $.83 which as I said was hit, but it hasn't retested that level yet, so we don't know if it will breach it properly yet. Assuming it does, I have set a target for the $1.07 range. With the same song and dance, we then have a price target of about $1.96 . From these levels that is over a 200% increase. That is quite the potential upside. With that said, it should be obvious not to short based on the technicals.
Good luck everyone!
PS I do not trade XRP. I more or less exclusively trade bitcoin and its derivatives with leverage. Occasionally, I make an ETHBTC trade. I have done this once and am expecting to do it again soon. Out of 100s of trades, 1 or 2 will be in alts. Just so you know.
Writing a 100 page book on trading. The first 100 to get into my discord group get it (and more) free!
Can't believe how few people know about it. Let's see how the conference will impact the trend and if there will be any news coming out.
The author(s) at the end completely missed the point and purpose of XRP and Ripple software for the banks which showed they had no clue how xRapid will power international transactions and solve liquidity issue. I guess I need to write an article myself ? :)