The XRP Army are in on the game
Well these are the weeks you live to trade for. XRP has smashed through all our TP zones. Been a very good week return wise for the accounts. The trades have been relatively easy to take and they had some easy technical in them to follow. I had my TP line there and left it to hit for over 4K pips. I would only be interested in buying if it came back down to the entry price area again. Or a break and retest above. But for now I will wait and enjoy the pips banked. Hope many of you managed to catch it along with me. GLIYF
Nice amount of pips locked in. Very bullish daily today so could go anywhere.
What’s going on with XRP? Popping like crazy!
My limit order (Sell XRP, buy BTC) yesterday was filled this morning at 2760 satoshis. Bought 17Feb21 for 1060 satoshis, it is a very nice unleveraged outcome. We received 0.1003 BTC for 3,650 XRP and paid 0.038 BTC for the XRP in February. That is our April target achieved, and more.
So over 150% gain, if my math is right. Wow!
Good afternoon all. Looking back in on XRP today. If you were a believer in the Bull run and held onto your original position then you would of seen some heavy returns. Price smashed through the 2 TP zones I had marked up. I said on my last post that my interest in buys would be a drop back to demand or a break and retest of supply. Which is exactly what we got with the break above supply. then the daily close above supply. I then entered another buy on the re-test of that zone and mimicked the previous TP to the next supply zone above. Really easy trading to take. I advise the same possible next trades. Buy from demand or the break and retest. GLIYF
Not yet, though I wouldn’t mind exploring it. I guess a little diversification won’t hurt.
Back in this morning at 2090 satoshis. I’m a sucker for volatility!
Given that XRPUSD formed a hammer candlestick with a really long “handle” (lower shadow) on the daily chart, trying to buy the dip here isn’t a bad entry.
Hi Pippo,
What started off as a joke 3 days ago when I was trying to teach my son what NOT to do with rules, has become a bit of a problem for me. I was “buying into the dip” with DOGE and made five consecutive ladders in (for very small money) telling him “never to catch falling knives”. But I have to say that it resulted in a relatively huge gain, and repeated twice since. By no means am I recommending this, but when you see your entry about 2mm above the bottom of the wick, you don’t half feel like a smart ass Pride cometh before a fall.
Buying that dip looked like it worked out…
Now let’s see if the price can rise and break the previous high or if it’ll run out of energy and form a lower high.
I analyzed the top 60 Cryptos by market cap. 15 of them have yet to break their 2018 or ICO all time highs, and XRP is one of those. To me, if a currency has survived three years and has not yet gone out of existence, it is fair game for pure speculation. Though XRP’s recent low is about 1/3 of its ATH, I added at 2090 satoshis and it is now around 2700. My plan is to take half off at 3135 (+50%) and let the rest ride to the moon.
Though this one has a lot of potential, as compared to other cryptos, I am still hesitant to consider it. The very reason being any vast changes in the company might have a huge impact on the currency.
Good afternoon all. Just thought I would share a chart on XRP. All crypto has taken a tumble recently. But I think XRP can be a great buy for good returns especially around these prices. It was only in April that we saw XRP at around $2 price zone. Currently at 0.61c that’s more than triple the price. If you’re looking to make a longer term trade on crypto I think this could be a good buy long term for the next bullish push. No need to over leverage, just a nice position and hold it. Let me know your thoughts on XRP. GLIYF
Why XRP though and not other coins? Don’t their charts look kind of the same?
Maybe wait a week? Ripple Labs is trying to get the ex-head of the SEC in front of judges on the 19th I think.
https://financefeeds.com/ripple-grows-impatient-wants-controversial-deposition-for-next-week/
I’m with you on this. But the other currencies do not have their “XRP armies” pumping them ad infinitum. XRP is a third of our Crypto holdings, so I can’t really mock the XRP army. I am not sure it is the SEC thing that is afflicting XRP. Though crypto market cap is 50% down on its recent peak, XRP is about 69% down on its recent peak. I am hodling XRP if for no other reason than I can’t find anything better to buy or worse to sell in the current crypto market.
Yeah I have some too but unfortunately I got mine during its peak peak. So I’m down mucho on it. But I don’t own a lot so it doesn’t bother me. I do wonder how long this “crypto winter” is going to last or if it’s just beginning!
Hopefully we will all be rewarded for hodling our XRP. Interesting developments in the lawsuit, shining some positive light on our portfolios’ future success.
https://financefeeds.com/sec-commissioners-drop-bombshell-save-ripple-lawsuit-sale-xrp/