I didnot take Ripple seriously, but no wonder why everyone says Ripple is sleeping giant. I was trading technically on this coin multiple times, but the background /fundamental is soo huge.
Banks can save trillions of Dollars because of Ripple.
So I strongly recommend to add XRP to your profile. I hold my 10%.
I will add more fundamental links in future.
Lets about technicals :
Quick 50% trade possible on this pattern with the target of 21000.
I will post about long-term view on this later. Most welcome to discuss all the fundamentals on this.
Just remember, one of the few to predict XRP trade.
Our previous analysis :
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exit on break below the pattern. We can look at it again.
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stop loss : Exit on break below the pattern.
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Are we heading to the moon? Currently 10% up from our price, soon we will reach our target.
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I feel it would take some more time to gain the momentum. It is trying hard to break the previous recent high @15900, but couldnot. The day close would give more clarity.
It has to break this range.
Stoploss can be 13600
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Stoploss should be on 4H closing basis.
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Please reduce your exposure.
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One can add more on this breakout
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Let me tell you, we can see Ripple @24000 in 10 - 15 days.
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Close to target, book your profits.
Wow, We have achieved 70% in 3 days.
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Down to 19000, it was at 23000+, we will revisit this again later
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Just take a look at the daily candle.
RSI is falling from the top and we are heading to previous support range.
Buy in Range is 16000-17000
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I may buy upto 12000
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Have your stop loss, I dnot see the strength.
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Still in the range, if you get a chance buy at 13700-14500, sl below this levels. Failure to hold this level, I see XRP to drop to 8500 level.