stewdamus

XRP tagged my .585 cents level exactly! Now what?

KUCOIN:XRPUSDT   XRP / Tether
Traders,

Ripple ripping!

Sooner than expected but the price actually wicked up and tagged my 58.5 cents precisely! It always amazes me every time when these technicals play out. I just wish I could be better with the timing.

Anywho, now that the price has met the earlier target that I had call for, what can we expect from ripple?

TBH, I am not quite sure. I'd love to see us come back down and tag either that 50 day ma or, preferably, the 200. But we have a lot of support now on the underside of price. At this point, unless BTC leads the way with a more pronounced drawback, I don't know if we'll get there. If we do, you can be sure I'll be re-entering trades at that point.

As always, stay tuned.
Stew

Stewdamus Trades -

Prophesying the price action of markets one chart at a time.

Crypto predictions, targets, how-tos, and much, much more!

Never miss a prophecy. Sign up for my free newsletter at:

stewdam.us
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.