Trading ALERT⚠️ - XRP Potential Trade
Hi everyone, the fact that you're reading this means that you want to make lots of money - Or you don't have anything else to do.
Either way, welcome - cause you won't regret the time you'll invest in reading my analysis. So as you can see, XRP is right now in a descending triangle. I'm waiting for the triangle to break out, but I'm already in the trade tho. I bought at the support level right around $1,06.
What am I expecting?:
If this thing breaks out to the upside, which I think is very doable, then we can see a retest to the high of the triangle.
What will happen next?:
If XRP retests the highest high of the triangle ($1,22) and breaks that resistance level, then we could see higher prices of course. My opinion is that XRP is just a ticking time bom. Waiting to explode.
Recap:
- Entry: $1,06
- Price Target: $1,22
- Percentage Gain: 15% or higher
Either way, welcome - cause you won't regret the time you'll invest in reading my analysis. So as you can see, XRP is right now in a descending triangle. I'm waiting for the triangle to break out, but I'm already in the trade tho. I bought at the support level right around $1,06.
What am I expecting?:
If this thing breaks out to the upside, which I think is very doable, then we can see a retest to the high of the triangle.
What will happen next?:
If XRP retests the highest high of the triangle ($1,22) and breaks that resistance level, then we could see higher prices of course. My opinion is that XRP is just a ticking time bom. Waiting to explode.
Recap:
- Entry: $1,06
- Price Target: $1,22
- Percentage Gain: 15% or higher
Note
Oh, I forgot! If you get some value out of my analysis - HIT THAT LIKE BUTTON!!And if you don't, feel free to follow me :)
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