Zoomed out on the 4hr an interesting thing is happening. If you look at the build up (on left) created when xrp went to $3+ you'll see the progressive steps upwards over time not easily visible in smaller time frames. What's different lately is xrp is above the RED moving average line. When all those lines converge the possibility for new trend and new highs is possible again! I can't say how long it will take for a move to $3+ again but, the chart history shows it took less than 3 weeks to go from 1600 sats to over 22,000 sats. Anyone who swing trades xrp knows all too well this thing can move mountains in a single day. Strong buy currently on 4hr but like I said this coin can swing wildly in a single day so use sound judgement for your entry. Also don't be spooked into selling at a loss if it falls 10, 20, 30+ cents in a day, happens all the time. The inverse is also true about these price swings. Godspeed everyone.
Please like, comment, share if you agree with me OR if you don't, i'd like to hear other peoples opinions and ideas!
Trade wurde manuell geschlossen:
I will get back into this trade once it shows positive movement. Take a look at the shitty circles i've made lol around major steps before price spikes, see any similarities between those steps and the current movement? ;)
I will get back into this trade once it shows positive movement. Take a look at the shitty circles i've made lol around major steps before price spikes, see any similarities between those steps and the current movement? ;)
Kommentar:
I haven't gotten back into XRP just yet have been busy with LTC and DOGE. I usually spread my money out but sometimes when the gettings good with certain coins I tighten my spread like this for monetary reasons :) if you press the play button you will see some nice sideways movement, this is NOT a bad thing! simply look at the chart above of the movement history, soon it will take another step up. Set an alert or buy order for yourself so you didn't miss a run in your sleep, happens to the best of us. A good rule of thumb for alert or buy order is higher than the highest previous spike. In this case 13400ish was the high. That would be a solid indication of going higher. Though you don't have to wait for that either. Last night 12400 was hit from a low of 11400, a considerable gain if you had enough money invested! Happy Trading!
Kommentar:
Seems like XRP has been left in the dust for now. Will be watching it closely and have my price alert set to like 12,xxx sats.