As a former bag holder of XRP, I would typically see very desperate posts calling for it to go to the moon on a near non-existent technical, but here is something I can actually see.
For full disclosure I am considering entering a long position based mostly off of previous breakouts we have seen when getting to a pointy end of a descending triangle. With a new found strong support of 9700-9900 it is a safe bet in comparison to the rest of the market at the moment.
The rest of the market is in a sea of red at the moment and is making me feel more out of place than a polar bear in the amazon.
Based on previous breakouts I would be hard pushed to expect anything greater than 11200, but I've never been one to shy away from a tasty 10 - 12% gain.
As always,
Stay Focused, and trade to trade well
For full disclosure I am considering entering a long position based mostly off of previous breakouts we have seen when getting to a pointy end of a descending triangle. With a new found strong support of 9700-9900 it is a safe bet in comparison to the rest of the market at the moment.
The rest of the market is in a sea of red at the moment and is making me feel more out of place than a polar bear in the amazon.
Based on previous breakouts I would be hard pushed to expect anything greater than 11200, but I've never been one to shy away from a tasty 10 - 12% gain.
As always,
Stay Focused, and trade to trade well