DU09

XRP/USD - Prepare for $2! Massive pump in progress. 🚀🚀🚀

Alış
Ripple or XRP has exploded after we passed the resistance at $0.88. It pumped since without much regard for resistances, however, each time we did re-test each resistance level as support (see yellow circles).

Now we're fast approaching a key resistance of $2 which is also a nice round number, some call it a psychological level. In this case it coincides with the 61.8% Fibonacci level which I trust more than round numbers. While this may provide a short term relief in this rally, I don't expect to face a real resistance until we approach $3 and our current ATH. That is the real test.

If we pass our current ATH level, then anything becomes possible... XRP to $10 for sure. I mean that is less than a 2x at that point... XRP pumps 100% in a day...

Enjoy the pump and also watch XLM (my idea linked below) since these two coins are like sisters, they like to visit the same places or pump at the same time... they also dump together, so watch out.

Bias remains very bullish and the indicators are bullish as well, but are a bit overextended, so do not buy at $2, let price relax a bit, maybe you can get a better entry. The time to buy was at 30 cents or at support levels not now... unless you scalp.

Like and follow if you liked this idea! Also join my crypto community to stay in touch!

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.