RIPPLE (XRP / BTC) TECHNICAL ANALYSIS:
- We are Bullish in March, 2020. Bullish sentiment from last month has unchanged.
- Long Term Bearish Trend has reached to an end i.e. in October, 2019.
- Short Term Trend is Bullish with major resistance at 0.00003000 BTC Level.
- Support Levels are 0.00002000 BTC (strong), 0.00001500 BTC (Strong) and 0.00001000 BTC (Very Strong)
- Resistance Levels are 0.00004000 BTC (Strong), 0.00005000 BTC (Very Strong) and 0.00010000 BTC (Very Strong)
Buy around 0.00002500 BTC Take profit 0.00004000 BTC stop loss 0.00001400 BTC (Already Active, just missed our target last month)
Buy around 0.00001500 BTC Take profit 0.00005500 stop loss 0.00001200 BTC
Buy around 0.00001000 BTC Take profit 0.00020000 stop loss 0.00000500 BTC
Trade Call Triggered in October, 2019 and Active “Buy at 0.00002000 BTC take profit 0.00040000 BTC stop loss 0.00000500 BTC”