I'm liking sentiment in $XRPUSD here. Prominent economists are predicting a fall towards $0 by February, which I think is a pretty extreme call.
Realistically speaking, risk is a fall below the green dashed line in this chart to nullify potential upside. If it bases here until January it may flash a long term bullish trend which may turn $100 invested here into $7700 if it lands on the target during 2020.
I wouldn't bet too big on #XRP personally, but maybe a small no leverage position would be logical here (think 1%).
Cheers,
Ivan Labrie.
Realistically speaking, risk is a fall below the green dashed line in this chart to nullify potential upside. If it bases here until January it may flash a long term bullish trend which may turn $100 invested here into $7700 if it lands on the target during 2020.
I wouldn't bet too big on #XRP personally, but maybe a small no leverage position would be logical here (think 1%).
Cheers,
Ivan Labrie.
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