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DOAFK
Feb 3, 2021 5:51 PM

XRPUSD Long Trade *Range Broken* Long

XRP / DollarBitfinex

Description

I am not one for crypto trading or analysis but I personally think it is "now or never" for buying in to XRP at a reasonable level.

Price broke through the 0.35 resistance zone before going on to make a high at 0,75. Since then, price has pulled back into the 0.35 level and seemingly bounced on it. As it stands, a higher low is forming and price is trying to break above the 1hr 50EMA.

If momentum comes back in to the market then I see no reason why 0.75 wont be reached again and therefore returns of 100%+ are possible. For the long term holders, this current price represent a reasonable opportunity to get in cheap and hold out for even higher prices such as $3+ as was seen a few years ago.

Trade active

Long from $0.35

Comment

Nice bullish move today. XRPUSD +25% from the $0.35 buy in.

Comment

XRP back above $0.50 per coin. Nice gain from the $0.35 support zone buy in

Comment

$0.60 tapped this morning, almost at 100% ROI from entry

Comment

$1.00 broken to the upside! 200% ROI from entry
Comments
AdonisB
WSB sorted this scenario out for you nicely.
DOAFK
@AdonisB, I don't mind who moves it so long as it's in my favour lol
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