Well, Ripple has a lot of backing, is a very active project and can be held long. So we can open a trade here, with very low risk and huge potential for rewards.
Here are some upcoming events, that can affect XRPs price in the near future:
- Uphold Listing (24 May). "You’ve been asking & we are excited to announce full support of XRP will go live on Uphold May 24." Uphold is an exchange. - ASROC Conference (16 June). "ASROC is a event and summit that solely examines trading of tokens, bitcoin, ethereum and alt coins," in Los Angeles, California. - BAIConf London (18 June). Blockchain Alternative Investment Conference and Exhibition from Jun 18-19 at 8 Northumberland in London.
Ripple (XRPUSDT) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in range (use the "Buy zone" on the chart): $0.577 - $0.651
Note: Additional targets will be shared in the future if necessary.
Stop loss: $0.522
Notes:
- This analysis is being shared by request.
- This trade is for Ripple (XRP) against the US dollar or Tether (USDT).
- I will be sharing another trade for Ripple against Bitcoin (BTC). It is up to you which one you trade, it really depends on your own trading strategy.
I hope you enjoy this trade and make lots of profits with it.
Namaste.
評論
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You see Bitcoin going down hard, it has yet to finish one more last push down. At the same time, you see many altcoins once more breaking out, an entire set of alts is already moving up.
After Bitcoin finishes its last correction, for this market cycle, we can start to see big green again.
I am seeing some mixed signals for XRP vs USDT. Some bullish some bearish... So please allow time for this trade to develop, and feel free to buy in at the longer end of the buy in range.
May I ask you what make you feel so bullish on every coins ?
I mean if we look at BTC, we broke the downtrend line made from december, that's true !
But we didn't make any higher high yet on the big time frames.
I hold a lot of coins, so I wish you are right, but I can't see any signs yet.....
AlanSantana
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@davidtrading50, The bigger picture, longer time frames and bigger market cycles in place.
I mean if we look at BTC, we broke the downtrend line made from december, that's true !
But we didn't make any higher high yet on the big time frames.
I hold a lot of coins, so I wish you are right, but I can't see any signs yet.....