XRP
Long

Ripple $0.385 target and Ethereum-futures?

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This is the craziest market the world has ever seen, but I love it.

What we see is a very clear tradingrange for Ripple.

BTC-futures will be launched on December 18th. My opinion is that we will see more volatity during December, as we have seen last couple days. Besides that, I think that the cryptomarket uptrend will continue.

What we see is that the crypto-market is maturing quicker and quicker. Why would it not be possible, that Ripple, Ethereum and DASH futures will be launced in the next 6 months? This situation will automatically lead to higher market levels and an even higher volotility, because of short-parties.

Well, because of the volatility, it is very likely that we will see another pullback of Ripple.

Buy: Between $0.202/0.21

Target 1: $0.28
Target 2: $0.385*

*If a day candle closes above $0.30 this target is valid.

Please, follow and like for more trading ideas.

Questions? Just ask and your feedback is welcome.
Nota
No crash and the uptrend continues, as expected. Things are going fine.
Nota
We have almost reached our first target. I sold 33% of my position manually to protect my profits. I'll hold the rest of my position. Congratulations with your profits so far!
Trade chiuso: obiettivo raggiunto
We have reached target 1 :-) I'll keep you updated about target 2.
Trade chiuso: obiettivo raggiunto
Target 2 reached. We are trading around $0.46 now! Congratulations.
dashETHETHBTCEthereum (Cryptocurrency)ETHUSDfuturesrippleTrend Analysisxrpusd

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