Ripple Looks Like a Good Opportunity with Breakout Incoming.

Jan 24, 2020

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Hello my friends and good weekend everybody!
Let's have a look at ripple.
We are watching the 4-hour chart.
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Ripple is trading overall in a wedge structure with good support between 0.2165 and 0.22
A possible long opportunity is given when the breakout occurred definitely.

Trade can be placed aggressively with entry at 0.2165 to 0.22 or moderate after
waiting on the confirmation.

Target will between 0.243 and 0.247, good profit opportunity overall.
I will look for an entry when the wedge confirmed.
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Have a nice weekend everybody! Feel free to support for more market insight.
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Jan 25, 2020

Trade active

Jan 26, 2020

Note

Confirmed support

Jan 30, 2020

Note

Good! We are reaching the targeted zone.

Jan 31, 2020

Note

Upper resistance reached

The trailing stop-loss order is at 0.2305 XRP/USD.