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Kivvwi
Mar 20, 2023 9:47 AM

XRP/USDT Monthly analysis Bullish?? Long

XRP / TetherUS PERPETUAL CONTRACTBinance

Description

I've been keeping an eye on XRP for some time now..
and I expect it to be around $0.55 in 1 or 1.5 months, for a long-term buy.
for a shorter-term approach (1-1.5weeks), I would be looking at $0.45.
And in any case price shouldn't be falling below $0.33.

As far as my analysis goes, I would say, it should start to act bullish just around this week.
XRP bounced back up 2 times in the past months, with that in mind, it gained more momentum upwards. Hence making it suitable for XRP to create a bullish trend earlier than I would have anticipated.
I will be looking for more specific setups to buy, as the price rises.

I am not an expert, and this is not a financial advice, please always do you own analysis before taking a risk.

Comment

waaay sooner than I expected damn

Comment

My last thoughts on the trade, right now it is 0.443
it should get back to around 0.47 (maybe it won't) but then I expect xrp to fall straight back to around 0.41. And then another push for the 0.55 in like 4-5 days.
But of course, these are just predictions.

Trade closed: target reached

Thats it. I closed my position
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