XRPUSD Ripple Analysis by Ec Crypto
Ripple remains in a lateral movement fluctuating between a resistance line of $ 0.68 and a support line of $0.65. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $0.70 - $0.71 and maybe the price will reach our second Target at $0.75. If the candlestick breaks out our support line, we will take a Short position and wait for the price to hit target 1 at $0.62 or the price might as well hit target 2 at $0.54.
TIP
If the price hits target one ,then I usually recommend to close half of the position, adjust the stop loss to break even and then wait without stress to see if price hits target 2 .
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TIP
If the price hits target one ,then I usually recommend to close half of the position, adjust the stop loss to break even and then wait without stress to see if price hits target 2 .
Follow us:
Instagram: instagram.com/ec.crypto/
Twitter: twitter.com/EcCrypto_USA
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