ASX1X

Successful short leads to XRP Bidding for next push to $1 and $4

Panjang
BINANCE:XRPUSDT   XRP / TetherUS
Successful trade last night shorting the high $0.50's to high $0.40's with a nice xx,xxx.xx TP.

Now we get the time to accumulate through the mid 0.40's.

I expect the downtrend on XRP to continue for a few days given how extended the rally from 0.38 was.

We are at the start of a macro uptrend for XRP so I expect $1 to be around the corner.

I will be watching $1 with care as it could lead to a push to the $4 if there is rumour of good news around the time we hit $1.

For the time being the gold fish strategy is allowing me to accumulate and focus on other things.

Hold, share, educate.

Penafian

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