Greetings,
Today we're looking at XRP aka Ripple a blockchain-based digital payment network and protocol that acts as both a cryptocurrency for a network of financial transactions. SIMILAR to the SWIFT system for international money transfers, which is used by banks and financial middlemen dealing across currencies.
With the above being said - XRP would have to be my least favourite cryptocurrency. Only because it goes against the very purpose of decentralized network and payment system (which is specifically designed for financial institutions). However we trade based on our technical analysis and charting and in this instance, XRP is showing indications of a future GREEN 🤑🤑
We're using the RSI , MACD , Bollinger Bands , Volume , EMA & MA to do analysis.
BUY ZONES;
#1 65-73c
#2 73-80c
TARGETS;
#1 94c
#2 1.08
#3 1.25
#4 1.42
#5 1.65
#6 1.97
If these targets are acheived we will be well within 100% profit range.
Remember, nothing is guaranteed, control the controllables.
Mogues
Today we're looking at XRP aka Ripple a blockchain-based digital payment network and protocol that acts as both a cryptocurrency for a network of financial transactions. SIMILAR to the SWIFT system for international money transfers, which is used by banks and financial middlemen dealing across currencies.
With the above being said - XRP would have to be my least favourite cryptocurrency. Only because it goes against the very purpose of decentralized network and payment system (which is specifically designed for financial institutions). However we trade based on our technical analysis and charting and in this instance, XRP is showing indications of a future GREEN 🤑🤑
We're using the RSI , MACD , Bollinger Bands , Volume , EMA & MA to do analysis.
BUY ZONES;
#1 65-73c
#2 73-80c
TARGETS;
#1 94c
#2 1.08
#3 1.25
#4 1.42
#5 1.65
#6 1.97
If these targets are acheived we will be well within 100% profit range.
Remember, nothing is guaranteed, control the controllables.
Mogues