Accumulating Altcoins Part IV: Ripple (XRP/BTC)
Updated
Like last 3 charts I posted. Ideal opportunity to accumulate the biggest losers in crypto. This time it is Cripple, probably the biggest trash in my portfolio. Down 70% from its ATH 3 months ago.
XRP is known to pump like crazy when alts rally.
Buy, set and forget. It is charted on a 1D chart so make sure you hold accordingly (aka, medium to long term). Can easily surpass its previous ATH in BTC if Bitcoin keeps dropping.
Cautious traders: STOP LOSS at last fractal: 0.00006900 BTC
XRP is known to pump like crazy when alts rally.
Buy, set and forget. It is charted on a 1D chart so make sure you hold accordingly (aka, medium to long term). Can easily surpass its previous ATH in BTC if Bitcoin keeps dropping.
Cautious traders: STOP LOSS at last fractal: 0.00006900 BTC
Trade active
Some nice gains since my first call. Hold medium term, do not sell yet. Some nice gains to be made with soon.Chart is not that special. No signs of trend reversal at all. Broke through the first major resistance (Tenkan Sen), which will now be the first major support level.
Move your STOP LOSS to 0.00007760 (Tenkan Sen)
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