Ripple (XRP): Potential 60% Profit
Hello Traders,
Looking at the 4 hour chart for Ripple, we see that bull flag is forming. RSI indicates that there is still a plenty room to grow.
Here is my strategy to trade ripple in next few weeks (as long as there is no negative news in crypto-market):
Entry: 70-72 cents
First target: around 82 cents (EMA200 and orange line resistance)
Second target: 89-92 cents
Third target: 1.14 (60% profit point)
Happy Trading!
Looking at the 4 hour chart for Ripple, we see that bull flag is forming. RSI indicates that there is still a plenty room to grow.
Here is my strategy to trade ripple in next few weeks (as long as there is no negative news in crypto-market):
Entry: 70-72 cents
First target: around 82 cents (EMA200 and orange line resistance)
Second target: 89-92 cents
Third target: 1.14 (60% profit point)
Happy Trading!
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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.