XRPBTC Trend Analysis
In my opinion Ripple at the place it's at could go up to a new all time high completing a successful retracement.
But there is a high chance that it will continue retracing to another support level. (what i think will most likely happen)
Before i would get into the trade i would have a look at how the last 2 4h bars close.
If by any chance XRP were to keep falling i put the most critical levels where the price would be caught and also put where it would be a good position to sell; or keep into a new ATH if you don't want to lock in profits just in case it does go down.
In any case, a buy into ripple is always a good choice.
But to me, this looks like a neutral trade where you don't want to buy in where the price is at right now.
Sooner or later will be at a new ATH.
But there is a high chance that it will continue retracing to another support level. (what i think will most likely happen)
Before i would get into the trade i would have a look at how the last 2 4h bars close.
If by any chance XRP were to keep falling i put the most critical levels where the price would be caught and also put where it would be a good position to sell; or keep into a new ATH if you don't want to lock in profits just in case it does go down.
In any case, a buy into ripple is always a good choice.
But to me, this looks like a neutral trade where you don't want to buy in where the price is at right now.
Sooner or later will be at a new ATH.
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