Long term, this asset is going to the moon.
We're on the trendline now and in the support area, ignoring the dip we're good to enter here and see what happens.
Long term I can see us pulling up towards the $5.00 161.8% mark. Now is a good time to enter, Try to snipe a better one should it drop.
From a technical standpoint, we're now in a position to increase our portfolio with plenty of support behind it on the charts. Fundamentally, Ripple has had a news anouncement today about a new partnership.
Please refer to my analysis. Great R:R ratio here.
Looking at all the factors listed in my analysis, I am going in with a short postion. This provides a good R:R ratio.