Last month no one would have thought XRPUSD would break $1.0, now its All Time High more than $3.2. I can't believe I am saying this, but there is a possibility it will go to $5 before it corrects to back to $4 - $3.
doesnt look good if xrp break belkow 2.7 resistance level
sagar.guwalani
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@bigtrouble,
What do you suggest should we sell at current level and buy at lower level if if drops further ?
bigtrouble
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@Sagar.guwalani, I bought in around 2.5 . I took a small profit at 2.67. I am very conservative with my risk as I had a large position on this third leg in ripple happening. The volume looks lackluster and I'm feeling overly bearish about the 3rd leg of ripple. I am going to wait for the real market correction to buy back in.
bigtrouble
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@Sagar.guwalani, I could be wrong, but I just prefer to be minimize my risk when I have such a large investment.
moga111
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@bigtrouble, Hmmm, not necessarily, as long as it doesnt close below 2.6, remember it corrected down to 2.18 after 3.2 :p
bigtrouble
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@moga111, I am just being careful, lack of volume making me bearish. GL with your trade though.