XRP
Long
Updated

Ripple target 29 cent! Huge risk/reward ratio

2 673
Ripple is following a nice triangle pattern.

We could see a first target at 29 cent. If it breaks the red resistance line, we could easily see targets of 40 cent or even higher!

You could buy in the range of 20-22 cent. Stop- loss should be placed just under the green support line. Something about 19.5 cent!
Trade active
Our trade is active. We already bought at 20 cent.

Ripple making a good setup again!
snapshot
Note
This chart is still valid. For the people interested in ripple.
Note
Target hitted on bitfinex 43,7 cent
Note
40 cent is a good re-entry. I expect to hit the 65 cent target tomorrow.
Note
Target 2 of 44 cent reached.

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.