kyer
Long

XRP|USD - Great Time to Enter

BITSTAMP:XRPUSD   XRP / U.S. Dollar
An update from my previous XRP post, looking here at the 2H timeframe - chart is the entire month of January.

At the moment, XRP is holding it's confirmed trendline - more than 3 touches on the line - and earlier today tried wicking back down but couldn't , which indicates very bullish momentum.

I'd expect a clean break of the resistance at 0.247 before a test of 0.269. That's where I placed my 1st sell target, it'll most likely pullback from that level then i'll buy back in. That 1st touch gets rejected 95% of the time.

The entire DavosX summit is talking about XRP, I really wonder what the special announcement on the 23rd is.

As always please do your own research, I am not a financial advisor.
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Comments

Thanks for the input again! I am hoping it goes back to the trendline again, but it might take off sooner then I expect.
Reply
kyer Gaengphed
@Gaengphed no problem man, glad you enjoy the charts! Me too, I hope X pulls back a bit more to the trendline so I can buy in even more. This coin looks ready to pop off
+2 Reply
@kyer, funny, others are mentioning XRP's possible blast off too...

https://www.tradingview.com/chart/XRPUSD/UfNpV82J-XRPUSD-Is-Ripple-ready-to-explode/?utm_source=notification_email&%3Butm_medium=email&%3Butm_campaign=notification_publish

Shall I wait with adding to stack or not...my hands are itching a lot hahaha. 0.234 is a bargain already actually.
Reply
kyer Gaengphed
I just added a bit more after this minir pullback, at the end of the day it doesn’t matter if you bought at 0.22 or 0.23
+2 Reply
kyer Gaengphed
@Gaengphed looks like its gonna retouch the trendline
+2 Reply
@kyer, And it just did! :-)
Reply
@kyer, I follow publisher Strictly too. According to his idea there might be another little drop coming, perhaps the last one. Maybe you're interested:

Reply
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