Realistic Ripple Price Prediction, are we done dumping?
Many of us heard about shiny bright coin Ripple, this coin made some people rich, but the majority became holders.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced each other. Those years were pretty rough for all crypto community, it touched everyone.
Many of us learned lessons of the lifetime, I pray we'll never be facing them ever again. But life goes and brings us new opportunities, new setups, and new lesson to learn.
Ripple was going it's own steady road all the way down to 0,12 $ per coin, and maybe if we are lucky enough, and the vast majority of sellers paused their appetite of unstoppable dumping
(the biggest seller as we know is Ripple company itself).
We could take a deep breath and observe that wonderful altcoin through the prism of Gann box.
We are not going to discuss how high this coin would go, we will just set up checkpoints on its glorious path, through solid TA facts, as I would like to be realistic about Ripple price prediction... not just to throw 10 USD dreams...
If ripple found it's ground in 0,12 $ USD price per coin, then we could state that lower then this it should not go, to align with current TA.
Ripple managed to enter a bullish phase with a pretty wide range area estimated 0,12 - 0,23 USD. For now, Ripple holding nicely Gann Fibonacci 0,618 support (logarithmic chart).
Actually that support will slowly and steady lead ripple to following prices 0,24 USD / 0,3 USD / 0,5 USD. Losing this support and we will witness the retest of the bottom of Gann box ( 0,12 USD).
Dropping below 0,12 USD is ain't good for Ripple, and i won't dare to touch it after that!
For now I like the picture Ripple shows us. Estimated time to reach the prices mentioned are :
0,24 - 0,3 USD / till 9 october 2020;
0,3 USD / till 1 january 2021;
0,5 USD/ till 12 feburary/ 21 June 2021;
This is a conservative approach. Keeping things Real guys, if it goes above those target's that's great, but those are the target's I would keep a close eye on!
So let this idea be a LONG call, with careful buy entries, doubling down till 0,12 USD from current prices. Slowly, without harm, without FOMO. Midterm-longterm investing.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced each other. Those years were pretty rough for all crypto community, it touched everyone.
Many of us learned lessons of the lifetime, I pray we'll never be facing them ever again. But life goes and brings us new opportunities, new setups, and new lesson to learn.
Ripple was going it's own steady road all the way down to 0,12 $ per coin, and maybe if we are lucky enough, and the vast majority of sellers paused their appetite of unstoppable dumping
(the biggest seller as we know is Ripple company itself).
We could take a deep breath and observe that wonderful altcoin through the prism of Gann box.
We are not going to discuss how high this coin would go, we will just set up checkpoints on its glorious path, through solid TA facts, as I would like to be realistic about Ripple price prediction... not just to throw 10 USD dreams...
If ripple found it's ground in 0,12 $ USD price per coin, then we could state that lower then this it should not go, to align with current TA.
Ripple managed to enter a bullish phase with a pretty wide range area estimated 0,12 - 0,23 USD. For now, Ripple holding nicely Gann Fibonacci 0,618 support (logarithmic chart).
Actually that support will slowly and steady lead ripple to following prices 0,24 USD / 0,3 USD / 0,5 USD. Losing this support and we will witness the retest of the bottom of Gann box ( 0,12 USD).
Dropping below 0,12 USD is ain't good for Ripple, and i won't dare to touch it after that!
For now I like the picture Ripple shows us. Estimated time to reach the prices mentioned are :
0,24 - 0,3 USD / till 9 october 2020;
0,3 USD / till 1 january 2021;
0,5 USD/ till 12 feburary/ 21 June 2021;
This is a conservative approach. Keeping things Real guys, if it goes above those target's that's great, but those are the target's I would keep a close eye on!
So let this idea be a LONG call, with careful buy entries, doubling down till 0,12 USD from current prices. Slowly, without harm, without FOMO. Midterm-longterm investing.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.