P_S_trade

XRP 1D "How will I spend the autumn"

BINANCE:XRPUSDT   XRP / TetherUS
At the beginning of the summer, we published an idea for a pair of XRPUSDT called: "How will I spend my summer"

How the idea worked, good or bad, of course, can to rate just you. You can even write your thoughts and impressions in the comments.

Considering that the summer will end in 2 weeks, it's time to update your thoughts on the XRPUSD trading pair.
XRPUSD price shot up in almost the last wagon of alts after the fall in May. As always, Ripple grows in value when its time comes, and it doesn't care how the price of BTCUSD behaves at that time. XRP rises in value because it has to)

Buyers of XRPUSDT met the first worthy resistance around $1.30, after which a downward correction began.
To continue the growth now, it is important for buyers to keep the price above the liquidity zone of $0.97-1.07, then the way will open for growth to the area of ​​$1.50.

And here serious battles will already begin.

If sellers win, then you will need to sell your Ripple and place new buy orders in the region of $0.74-0.80
If in the area of ​​$1.50 the buyers show that they still have strength for growth, and, accordingly, the price consolidates above this level, then it will be possible to continue to be the holder of XRP.
Under these conditions, the path will open for continued growth! But no, no, not up to $10 for XRP, as Ripple holders have dreaming since 2017, but it will be possible to aim for a price increase to ATH in the $3.00-3.30 region.
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