Lets hop right in.
If you haven't checked in on our last XRP posts (suggest you do) here's a quick recap.
We were not going to buy into the bull run until XRP had done the following:
We wouldn't begin to look at XRP as bullish until:
1. A break above the top of downtrend channel that has been bearish since April 2018 -- Success
2. Price goes above that POC of $0.28 -- Success (although is now bouncing around this area)
3. A break in the 200MA with volume confirmation -- Success
We have seen other alts rocket across the board but XRP still hasn't had it's run yet. A perfect entry place for accumulation is around that 0.26 level and above the 200MA as long as wee keep seeing some support around this area and could be a nice bounce setup.
First target level we're looking at is the 0.39 range.
Feel free to like this post and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
If you haven't checked in on our last XRP posts (suggest you do) here's a quick recap.
We were not going to buy into the bull run until XRP had done the following:
We wouldn't begin to look at XRP as bullish until:
1. A break above the top of downtrend channel that has been bearish since April 2018 -- Success
2. Price goes above that POC of $0.28 -- Success (although is now bouncing around this area)
3. A break in the 200MA with volume confirmation -- Success
We have seen other alts rocket across the board but XRP still hasn't had it's run yet. A perfect entry place for accumulation is around that 0.26 level and above the 200MA as long as wee keep seeing some support around this area and could be a nice bounce setup.
First target level we're looking at is the 0.39 range.
Feel free to like this post and give us a follow as we come back with more updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.