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Xrpusdbuy

XRPUSDT LongWell, unfortunately, I was stopped out in the previous trade. The price is still forming a falling channel / flag, and I am anticipating that there will be a strong bullish momentum. After retesting the upper trend line, I will enter my trade @0.47 and my Target is 0.59. Stop loss will be positioned @0.43 My targets are 0.51 ( R:R 1: 1), 0.55 (R:R 1: 2) and finally 0.59( 1: 3). My R:R is 1: 3 and I am using the rising channel chart pattern to enter my trade. Remember, use 1 - 2 % of your account.
Long
by Vapari_Inc
Ripple - positive dynamics + news background. Accumulation for 130 days ended with a successful test of purchases, followed by an exit from the trading range on the rising volume of purchases. This instrument has all the prerequisites to start trending upward, and the news background is supporting the positive dynamics: the SEC and Ripple Labs have filed motions for summary judgment on a possible violation of the Securities Act. Plaintiff and defendant explained that the judge had sufficient information to do so. The company's lawyers pointed out that the Commission had run out of arguments in trying to prove that the XRP sales constituted an "investment contract." The SEC noted that it was able to confirm this. If you like the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
4
A macro view of the XRPUSD chart - WeeklyWith the lawsuit about to finish in the next few months or potentially see a settlement, here is my idea on where the price of XRP will go to. On the weekly chart we are currently in a very tight spot where the price is coiling up for a big move to the upside. The MACD on the same time frame has also made a bullish cross and despite the recent retracement of the price that signal suggests a strong buy. I am also expecting to see the price of XRPUSD decouple from what both BTC and ETH are doing after the initial period after the lawsuit win against the SEC. The win will also trigger a bullish rally on all the alt coins too as that will be seen as a greenlight to all the markets. It is possible that even BTC will benefit from this positive outcome. My first immediate targets are $1.30 and $1.76 in the next 4-6 weeks. If a settlement will be reached and Ripple and XRP will have the regulatory clarity in the US, then I will expect to see the price surpassing the previous all time high and go towards the $6 - $7 area. After that I will expect an initial pull back to the previous ATH $3.80 - $4.00 and then another leg up to $11 - $13 for this cycle. For the BTC price to move substantial higher, we will need to see an approval of a spot ETF in the US or another country or countries to declare it as legal tender. Good luck!
BITSTAMP:XRPUSDLong
by cbistriceanu
1