Hello traders, Here I have checked the 4H chart of XRPUSD!
The price has had a correction move, after a long time peaceful, I predicted in my previous analysis and we got the price action!
I make a explaining on how to build a good position for someone coin: For example You want to buy 1000 BTC ,now price is $20000 But you don't know how much it will go down ,of course you are looking forward to the price will go to $100000 You can build your positions like this : Buy 250 @20000 If the price go down to 17000 Buy 150 @17000 If the price go down to 15000(the most important support level) Buy 350 @15000 By this way your cost will be 17000,it is fine if the price pull back
@Kejvu, sure it can. just hold, if you sell, you lose, those pump/dump whales win. I guess, it will take a long time tho until we see 3$ again. Maybe some good announcements could help.
nixel
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@Kejvu,
I think it is going back to normal levels @ 0.18 - 0.22 :)
its going to 1 dollar down and 0.9 cent i buying back at that level
woozylv
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hi, any update on ripple?
thanks!
nixel
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Ripple was overpriced (comparing to gateway). It returns to trendline and now is at the bottom. It is not impossible to lower, but it loss 150% of entire trend range. There is no lower range except old one between 0.18 - 0.24
Now ripple is underpriced when comparing to the official price (gateway). So I think next move is for the bulls. I expect first target at 2.28 (middle line) and if it broke, then we can expect the next move to the top line of trend at 2.85.