๐ฅ Hi friends! The big news for Ripple was realized today. SEC v. Ripple - all briefings are over, the motion has been filed, and the judge's decision is pending! Earlier, Ripple's lawyer said that he hoped for a judge's decision in June.
Finally, this story comes to an end. Hope the decision will help the crypto market to grow and develop.
Now we see how Ripple is squeezing to trendline and trying to break it. If the next candle after the breakout will close below the trendline, it will mean that bulls have no enough power to push price higher. In the case of a false breakout, I recommend you to open a short with sl above the highs.
๐ TRADING PLAN FOR XRP:
๐ฅfalse breakout of the $0.4 key level
๐ฅ volume growth
๐ฅ bearish BTC will push the alts lower
๐ฉ If XRP will continue to consolidate above the highs, it will be a strong bullish signal. It's a big chance to open a long with these targets..
โ
THE MAIN TARGETS FOR XRP:
1. $0.42- the key level
2. $0.45-0.46 - the value area
3. $0.51 - the key level
Friends, what decision should make the court about XRP case? Will XRP be recognized as fraudulent or will it be acquitted, which will save other similar projects like Ethereum? Write in the comments!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.