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Rippleusdt

XRPUSDT (Bittrex) - How To Trade ItWhilst XRP is showing many bullish signs at this moment, it has been trading on a long parallel channel for months. With a huge range of 30% from top to bottom and vice versa. Now, if we are looking for something BIG, we need to break the top line of the channel first. Marked with the Magenta line. If XRP closes above it on a single day, we are looking at possibly some major gains. If this trades interests you, you have the option to join now and wait, with a stop-loss at the level of .2198. The second choice is to wait until the trendline has been break. As soon as that happens, above 3000, you can open a LONG and positive trade. With a short stop loss at .2788 P.S. Already fighting with the first strong resistance (green dotted line). Hope that helps.
Long
by AlanSantana
31
XRPUSD - RippleUSD (1D): The next upswing could be > 0.3 USDWhy Ripple can be an interesting long-term investment is something I have written many times in other places. Please check my older posts. Here is the current situation: Recently, a quite clear trend channel has appeared. Accordingly, the next upswing could be expected. Since several times 0.30 USD have already been a strong resistance, my short-term target is today 0.3 USD. Fundamentally, however, quite convincing trend channels could now be mapped. New target: > 0.30 USD (50 %) Let's see what happens. Happy trading. :-) See also: Chart Oct 17 Chart Sep 29 Chart Sep 16 Chart Aug 20 Chart Jul 23 Chart Jul 11
by BTCINVESTING
49
RippleUSD 1D: 9M-Forecast 0.20 > 0.30 > 0.40 > 0.60 > 0.75 USDIn my opinion Ripple is still undervalued compared to Bitcoin and Ethereum. Why? If you put the value of Bitcoin in relation to its circulating quantity and you compare this as an index with Ripple, the price of Ripple compared to Bitcoin is 12, if Bitcoin would be 100. The Index of Ethereum is 38, just for info. This could mean two things: Bitcoin is overvalued compared to Ripple or Ripple is undervalued compared to Bitcoin. I guess both are true. But Bitcoin is the main currency, it cannot be overvalued in this model, because it defines the price ratio. However, this means for Ripple that the price could rise, if only to compensate the undervaluation. Ripple is a blockchain application for financial service providers and banks. Ripple connects them and companies to send money globally. It is more a competitor to SWIFT than to Bitcoin. Many friends of decentralized cryptocurrencies have a problem with Ripple because Ripple is for banks. By the way I am a fan of decentralized cryptocurrencies and I am convinced of Ripple technology. Both is possible. This means Ripple can exist alongside Bitcoin and Alts. But it is still interesting that the price of Ripple follows the price of Bitcoin. It can be assumed that Ripple will uncouple itself more from Bitcoin as the leading currency, but not in the coming months. The performance of Ripple was not really good in the last few weeks. Too much action with BTC. But I think we saw the lowest low. A down to 0.10 USD is technically still possible, but the support at 0.15 USD is very strong - as we have seen. So this should indicate the confirm of the trend reversal. An up to 0.60 USD until the end of the year is possible. Let's see what happens. Happy trading. :-) See also: Chart Aug 20 Chart Jul 23 Chart Jul 11
by BTCINVESTING
38