Hello Traders,
Looking at the 4 hour chart for Ripple, we see that bull flag is forming. RSI indicates that there is still a plenty room to grow.
Here is my strategy to trade ripple in next few weeks (as long as there is no negative news in crypto-market):
Entry: 70-72 cents
First target: around 82 cents (EMA200 and orange line resistance)
Second target: 89-92 cents
Third target: 1.14 (60% profit point)
Happy Trading!
Looking at the 4 hour chart for Ripple, we see that bull flag is forming. RSI indicates that there is still a plenty room to grow.
Here is my strategy to trade ripple in next few weeks (as long as there is no negative news in crypto-market):
Entry: 70-72 cents
First target: around 82 cents (EMA200 and orange line resistance)
Second target: 89-92 cents
Third target: 1.14 (60% profit point)
Happy Trading!