Re: Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9
Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9
In our previous reviews we wrote about a long-term technical signal for sale.
But often, after such signals, the corrective movement begins in the opposite direction. It seems that now its that case.
Ripple, using daylight candles, drew a reversal pattern and is already trying to rise above the slow moving average, creating conditions for the purchase signal of the daily chart from the MAcross.
If such signal is received, then we will have a long-term recommendation to "Sell" and a short-term one to "Buy". Its a common story
For now, at least, it's worth closing short positions.
The first target of the increase is $ 0.65, after that comes $ 0.75 and then a strong $ 0.9 level
As we wrote before - cryptocurrencies love multiple wave motion. The minimum was $ 0.45. Doubling that we get $ 0.9.
We will see.
A good stop on the possible long is placed only under $ 0.4
In our previous reviews we wrote about a long-term technical signal for sale.
But often, after such signals, the corrective movement begins in the opposite direction. It seems that now its that case.
Ripple, using daylight candles, drew a reversal pattern and is already trying to rise above the slow moving average, creating conditions for the purchase signal of the daily chart from the MAcross.
If such signal is received, then we will have a long-term recommendation to "Sell" and a short-term one to "Buy". Its a common story
For now, at least, it's worth closing short positions.
The first target of the increase is $ 0.65, after that comes $ 0.75 and then a strong $ 0.9 level
As we wrote before - cryptocurrencies love multiple wave motion. The minimum was $ 0.45. Doubling that we get $ 0.9.
We will see.
A good stop on the possible long is placed only under $ 0.4
Market price is not as people want because it's low comparing with the proportion of bitcoin price increase. Ripple worth 65 cents now but as I remember it was few cents a long time ago when people weren't much interested in.
Something happened with banks and ripple but seems that this has not affected the ripple price for good. I think that it is need more time for ripple to get back on its feet and worth at least 4 USD.