XRP - don't get trapped

28 déc. 2020

Have a closer look and keep it simple.

• 4H RSI: Overbought
  
• Accumulation: Divergence | still more buyers > November
  
• Weekly Demand: Under pressure - maybe a bear trap
  
• Monthly Demand: Hit due to selling pressure
  
  my 2 cents:
  
• BTC: The time your barber talks about BTC is back again - it went hurrican. Looking for a reversal the next days/weeks to let alt-saison start
  
• SEC: News timing came in a weired way.
  

Investment Strategy: HOLD/BUY

28 déc. 2020

Note

4H RSI: Oversold*

Target #1: .34-.37$
Target #2: .43-.46$

30 déc. 2020

Note

We break lower - so.. what doesnt were in my chart above is the yearly open. its around .19$ and still in play.

There are many reasons to dont panic sell right now.
Stay calm and wait if u are an holder, otherwise try to day-trading. In this region you have huge %gains as a daytrader. Still risky. Because ripple moves fast in any directions.