XRPBTC is getting ready for another strike.
Updated
Hello Dear traders!
Just a quick heads up before we can together comfortably sit and watch Xrp blast.
Based on the weekly trendline and current XrpBtc trend I´m 99% sure we gonna hit the crucial support located in the 6250-6150 area. As you can all see from the plan designed by me we are about to see something spectacular.
I´m currently accumulating Xrps just to sell some once we hit my 1st TP target (11714). Additionally, I believe XRP is gonna dominate the markets within 2-3 years from now and the price at this point of time is a bargain for me - so why not gradually stack up...
Finally, RSI is in its lowest place since April 2017 and this highly attractive risk vs reward is about to play out very soon (27th of April - 5th of May).
Appreciate any comments related to this topic and feel free to share it if you find it valuable.
PS: This is not a recommendation to open up this trade, just an idea of how it can play out within the next few weeks.
PS2: Prior to commencing the trading activity, it is highly recommended to conduct a careful analysis of one's financial state.
Note
We are currently in the area shared above. I do assume btc will correct by the end of the week and we can see a jump in xrpbtc up to 8500 satoshis.
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