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Topic: Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9 - page 2. (Read 262 times)

sr. member
Activity: 1050
Merit: 295
Not my favourite crypto - probably the one crypto I love to hate. But there's no denying that XRP does know how to hype and pump its product well. Timing one's entry to coincide with one of their dizzy run wouldn't be a bad idea
sr. member
Activity: 632
Merit: 250
It seems to me that this coin is attractive only for large investors, it is more small to get a good profit from it, when everything is controlled by banks very difficult. But I can be wrong, but I'm sure only that the huge growth this year on it we will not see a maximum of 1 dollar.
hero member
Activity: 644
Merit: 501
Potentially, however there are no guarantees.

I think that long term wise, we aren't going to see Ripple performing very well, since it is one of the most centralized coins out there. But in the short term, it does get hyped real easily no doubt, and its downward slope seems to be nearly over.

From the May pump to the December pump there was 4-5 months in between. 4-5 months from December is around now. There is definitely a sign that XRP is rebounding as well, it could honestly go as high as the last pump, although I think the max it'll go this time won't be as crazy. Most likely $1.5 or so.
jr. member
Activity: 88
Merit: 1
Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9
https://app.icex.ch/en/feed/technical-analysis/4042-ripple-the-bulls-are-preparing-a-counter-strike-perhaps-up-to-09


In our previous reviews we wrote about a long-term technical signal for sale.
But often, after such signals, the corrective movement begins in the opposite direction. It seems that now it’s that case.
Ripple, using daylight candles, drew a reversal pattern and is already trying to rise above the slow moving average, creating conditions for the purchase signal of the daily chart from the MAcross.
If such signal is received, then we will have a long-term recommendation to "Sell" and a short-term one to "Buy". It’s a common story Smiley
For now, at least, it's worth closing short positions.
The first target of the increase is $ 0.65, after that comes $ 0.75 and then a strong $ 0.9 level
As we wrote before - cryptocurrencies love multiple wave motion. The minimum was $ 0.45. Doubling that we get $ 0.9.
We will see.
A good stop on the possible long is placed only under $ 0.4

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