Hello to all traders, investors and other crypto enthusiasts. Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin. If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up. First fibonacci level at the price of 97cents Target until the end of summer at least 1 dollar. Therefore, while we are in the triangle, this A good opportunity to add a coin to your portfolio.
The cross of two MA100 and MA50 movings in D1 chart is also a signal to buy Stochastic RSI turned around and most likely will grow
There is a lot of news for the flight of the coin right now, but as you remember from history in most cases the pump happens without some big news.
So the best strategy right now is position trading SWING Trading and now is a good entry point
For example, I want to show the story you can see on the real chart.
Cheers excavo.