Our previous Ripple trade got stopped out.
We'll try again. Risk Reward roughly 3:1 (2:89:1) - T1
There are higher targets T2 and T3 which will yield higher rewards for the same risk if you feel confident.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
Hello Guys,
We hope everybody is doing fine. In this short outlook, we have for you the XRP/USD.
Now, as long as Ripple stays above 0.12657 the market can make a push to the 0.20 zone. So from here it can either go and retest the 0.140 zone and rally or it already started its rally and will not go to 0.14. Either way, as long as the market stays above 0.12657 it...
This can be a violent move higher, but for now bulls need to break 0.30 a crucial resistance area.
As long as we are below it, deeper setbacks are possible.
Blessings to you all.
For all they are long with Ripple/XRP like me: the uptrend might be firm. So I see these next steps 0.20 > 0.30 > 0.63 USD. A maximum correction could be 0.17 USD. So I see an additional buying opportunity for all others at the moment with a mid-term target of 0.29 USD.
Let's see what happens. Happy trading.
Correction is almost over.
Steady increase if BTC stays healthy or could fall with BTC.
or
Good news releases for XRP and thus takes its own path.
Trade safely my friends.
