XRPLong
Ripple for long, good trade
Ripple grows faster than the market on high volumes, this indicates the interest of market participants. Each new impulse raises the price above local highs, it's a good sign, I see support in the $ 0.288 - 0.305 area, here you can put a pending order if the goal is to buy. Risks can of course be set for $ 0.244, but it's better to wait and place a safety order for $ 0.205, because the price in the lower and generally interesting for longs.
On 4 hours chart, if I enter $ 0.305, the first fix is $ 0.42, it's + 38%, it's rational to fix the full amount of the deal, the second part can be unloaded at $ 0.51, it's + 69%, then at your own risk. Ripple added 13% a week, even after a strong strait of the whole market.
On 4 hours chart, if I enter $ 0.305, the first fix is $ 0.42, it's + 38%, it's rational to fix the full amount of the deal, the second part can be unloaded at $ 0.51, it's + 69%, then at your own risk. Ripple added 13% a week, even after a strong strait of the whole market.
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.