Dear Copiers,
Looking at Ripple XRP price action ... things are getting a bit challenging.
The price broke through 2 support levels:
- The $2.30/$2.50 support area is now resistance.2
- The $2 support area is now resistance.1
Ripple XRP 's price actually bounced twice on the $2 mark ( orange circle ) before diving lower.
Closing above $2 is an important target to reach in order to initiate a new bullish momentum.
For all the Copy Traders sending me private message to know if now is the right time to buy more XRP, I would say that the safest play would be to wait for the price to close above resistance.2
Once that resistance is cleared, XRP price will be on its way to $5
Please be sensible when investing in very volatile markets
Once again, this is a challenging market and great challenges bring great rewards.
As posted earlier on Bitcoin Cash is waking up and it is our biggest gainer today.
- It is up by 23% against EURUSD
- It is also up by 18% against Bitcoin
$XRP and $BCH market share will keep on growing in 2018 and we will make great profit from this.
Here are my Etoro social trading stats for the past 36 months, sign up today to join our Copy Trading group:
As Always...
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