瑞波幣

Accumulation region

200
Bearish bias.
The market is clearly bias as it is making lower highs, but at the same time is making higher lows, so, something similar to a wedge formation, I personally think the 0.20-0.25 USD region is a potential region where we can arrive, but at the same time looking with a bit of perspective, the 0.30 USD region is a region where worth to accumulate.

If you are going to trade short-term this is a nice accumulation region with a target on 0.24$ region.
If you are goin in long-term, this is a nice accumulation region, where the risk reward is quite big, moreover, if you are under long term accumulation, the 0.30$ region is key, and the 0.25$0-20$ is the next one, I personally have accumulated some ripple within this region, and then if the price comes down, I will accumulate a bit more as I normally do long term trading.
The region where I expect to not arrive is the 0.15$ region, as I expect the 0.20$ region to be the are where the bounce happen and then starting a new uptrend leaving behind the 0.20-0.30$ region.

Disclaimer: This is what I think, but not what you should do, this is not an investing advice, I am not responsible about your potential losses or wins.
Your capital is in risk.

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