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RE: Poem written for Ripple - XRP November Recap Technical Analysis and Price Forecast, 25% Gain potential next week
If buying with crypto, would you buy XRP now or wait for BTC to bounce back up for a better BTC price?
It depends on the type of position you prefer and type of trader you are. For example as a day trader, I'd wait for a much lower RSI and confirm an uptrend on higher time frame. Though as a longer term trader, slowly accumulating now is a good choice too. I do predict BTC to bounce up, and personally, I'm going to wait until BTC goes up, while XRP negatively correlates and goes closer to the support line as indicated. I hope that helps.
It does, thanks! I'm pretty much torn between these two strategies, so having some logic backing each up helps.