XRP / TetherUS PERPETUAL CONTRACT
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XRP/USDT Monthly analysis Bullish??

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I've been keeping an eye on XRP for some time now..
and I expect it to be around $0.55 in 1 or 1.5 months, for a long-term buy.
for a shorter-term approach (1-1.5weeks), I would be looking at $0.45.
And in any case price shouldn't be falling below $0.33.

As far as my analysis goes, I would say, it should start to act bullish just around this week.
XRP bounced back up 2 times in the past months, with that in mind, it gained more momentum upwards. Hence making it suitable for XRP to create a bullish trend earlier than I would have anticipated.
I will be looking for more specific setups to buy, as the price rises.

I am not an expert, and this is not a financial advice, please always do you own analysis before taking a risk.
Not
waaay sooner than I expected damn
Not
My last thoughts on the trade, right now it is 0.443
it should get back to around 0.47 (maybe it won't) but then I expect xrp to fall straight back to around 0.41. And then another push for the 0.55 in like 4-5 days.
But of course, these are just predictions.
İşlem kapandı: hedefe ulaştı
Thats it. I closed my position

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.