There are 2 Support Levels for Ripple to test (S1 and S2). At this stage this is a buying opportunity.
Now don't go all in on this as although we are still in an Uptrend we don't know if this a pullback or a start of a change in Trend if S2 breaks.
So trade prudently until we do start showing more positive structure.
When there is a setup I will post a trade, for now, let The Market do what it needs to do, watch and observe.
Sean Vengan 10+ Years Professional Trader and Trading Educator
REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE. Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades). Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY. Always factor in "WHAT IF I LOSE MONEY ????"
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We are now entering the Ripple Buy Zone.
Your decision at what price you accumulate in the Buy Zone, it goes without saying the lower the better, if the Market can take us there...
Also, consider are you buying as an Investor or Speculator (or both)?
Hi Sean, I am new in the community but appreciate your TA above all others I have been researching. Is it possible to join your telegram group w/o being a pro member? Best.
UnknownUnicorn1063189
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@puttonous, Be great to have you join us. I will Pm you
luisamaro7
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Hello Sean, I have been looking into your analysis for a while now, and you´ve been of great help.
I read about a telegram group, could you please let me know how can I join? thanks
Hi Sean, I was reading that the guy who started Ripple also started up Stellar as an improvement over Ripple. Do you think Stellar will overtake Ripple and make it obsolete?
I like your opinions. Please add me to your list as well. Ron
UnknownUnicorn1063189
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@Clammer42, Yes excellent comment @Clammer42 I too was aware of that and considered that too.
I like both but that's a good point you raise and we need to pay attention to.
stall022
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@Clammer42, Interesting. Am I the only one that thinks this seems kinda shady? STR dropped to the 300's with the spotlight on Swell. Then out of the blue the IBM announcement comes along and sky rocks STR which then seems to over shade anything positive from Swell.
DNA74
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@SEAN_VENGAN, I will also appreciate if you can PM me for your telegram channel as well. Thank you for all your work, trying to learn.