I've just checked check Ripple (or XRP whatever you like ) and I can say ... what there's nothing interesting about it.
Two pairs for comparison:
XRPBTC
and
XRPUSD
.
Have no idea when XRP will be $589 but it doesn't feel like anytime soon.
> BTC pair looks better, 120days near the support but doesn't fall below. Long from 0.00002520 btc looks good in R:R terms.
> USD pair looks bad, because we don't see any significant pullback on chart from May 2019. And it still printing lower lows.
Summing up, I see some reasons to long XRPBTC pair (maybe even now, just buying spot, i.e without leverage) but USD pair doesn't look interesting from the any side. And not forget that XRP could pump really hard with BTC rallies.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Two pairs for comparison:
XRPBTC
and
XRPUSD
. Have no idea when XRP will be $589 but it doesn't feel like anytime soon.
> BTC pair looks better, 120days near the support but doesn't fall below. Long from 0.00002520 btc looks good in R:R terms.
> USD pair looks bad, because we don't see any significant pullback on chart from May 2019. And it still printing lower lows.
Summing up, I see some reasons to long XRPBTC pair (maybe even now, just buying spot, i.e without leverage) but USD pair doesn't look interesting from the any side. And not forget that XRP could pump really hard with BTC rallies.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
