what i see in xrp is, that is about to finish wave 2 in a bullish trend on the ( daily-weekly).
and it has formed a BIG descending triangle, if this scenario plays out perfectly, we will get a last touch on the 7 months old support. if that plays out. i´m pretty sure we will be looking at prices around 0.35-0.50 in ending off may. (maybye april) if you pair the news about xrp there have been published in the last half off year. AND keep in mind that we are about to jump into the 2 quarter off this year. im pretty confident to say, that we will see a spike in the price, in the nearest future. BUT i will not call it a bull-run yet! i think we wil have to look at prices around 0.30-0.28 again. and THEN i will concider to call the BULL-RUN. but for now. I will be looking for longs around 1-5 april in the 0.26500-0.25900 ( maybye before) if you are using stop-losses it will be in the 0.24880 zone. it could give a great R/R 1:3 to target 1.
1 target = 0.29700-0.30700
2 target = 0.40500-0.45000
AND always remember to trade safe and make your own descisions and TA´S
good trading here from ;)
and it has formed a BIG descending triangle, if this scenario plays out perfectly, we will get a last touch on the 7 months old support. if that plays out. i´m pretty sure we will be looking at prices around 0.35-0.50 in ending off may. (maybye april) if you pair the news about xrp there have been published in the last half off year. AND keep in mind that we are about to jump into the 2 quarter off this year. im pretty confident to say, that we will see a spike in the price, in the nearest future. BUT i will not call it a bull-run yet! i think we wil have to look at prices around 0.30-0.28 again. and THEN i will concider to call the BULL-RUN. but for now. I will be looking for longs around 1-5 april in the 0.26500-0.25900 ( maybye before) if you are using stop-losses it will be in the 0.24880 zone. it could give a great R/R 1:3 to target 1.
1 target = 0.29700-0.30700
2 target = 0.40500-0.45000
AND always remember to trade safe and make your own descisions and TA´S
good trading here from ;)