I'm LONG / BULLISH position. I expect that XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Ripple - XRP - Will XRP outperform? (Alternative Count)
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It's long every "ALTs USDT" pair and forget about it. - Season!
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My Opinion... #Ripple is buying back to support the market. They don't burn an asset that will have tremendous value in the future. Otherwise, they can simply pump XRP by burning the half of supply in their control.
The first rule in trading, When you see big institutions buying back their shares, It is bullish. Never bet against the smart money!
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Analysis: The break above $0.7941 signals the fourth wave triangle consolidation is complete, and the move puts RIPPLE back on track to challenge the next upside hurdle. The bulls are in control while $0.2193 - wave ii - stays intact as support.