Ripples order book is DOMINATED by sellers at the moment. Don't get fooled into buying based on what you hear/read.
I have taken only 2 positions on xrp and turned $30 into $300 in the process. I was long from .41 to .77 and then again from .74 to 1.93
I am looking for a move down back towards the $1 mark where I will be able to buy almost three times as many tokens than I started with. Of course I will be looking to double my money when the daily supply zone (that we are currently stuck in) gets retested.
Also, if you are long and in it for the short term then I must point out a VERY GENERAL RULE; when price action is below the 50 sma/ema it indicates a bearish market sentiment.
Plan. Profit. Relax.
I have taken only 2 positions on xrp and turned $30 into $300 in the process. I was long from .41 to .77 and then again from .74 to 1.93
I am looking for a move down back towards the $1 mark where I will be able to buy almost three times as many tokens than I started with. Of course I will be looking to double my money when the daily supply zone (that we are currently stuck in) gets retested.
Also, if you are long and in it for the short term then I must point out a VERY GENERAL RULE; when price action is below the 50 sma/ema it indicates a bearish market sentiment.
Plan. Profit. Relax.