Earlier I shared a trade for Ripple (XRP) against Tether (USDT). Here is Ripple vs Bitcoin (XRPBTC).
We are going straight into action.
Upcoming events for Ripple (XRP):
- 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 (XRPBTC) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: Up to 0.0000835
Note: Wait for the price to decline before jumping in.
Breakout better reflected on the 4 hours time frame chart:
Note
XRP had a nice breakout and we are in between strong resistance and support.
XRP tends to go against Bitcoin, at least when it starts to move and moves for long and strong... highly manipulated.
Since Bitcoin is yet to finish its last push down, it might help move Ripple move out of the dead zone when it does.
Here is the 4 hours chart:
XRP is always profitable when it starts to move, huge increases in price, but it happens suddenly and fast, so make sure to position yourself before it all starts.
Namaste.
Note
We are in the positive here. Our XRP trade is doing good.
You can hold patiently and sell once we start to hit our targets or when you are happy with the profits.
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