Ripple/Bitcoin (XRP/BTC) hot buying opportunity! Trading idea for short & long term! Technical Analysis.
Good news for those who want to invest in Ripple to get some Bitcoin, Ripple hit support @ 2500 satoshis on November 2nd and probably never ever going back. Currently testing 3000 sat level, profit points on 4k for a shorter term, 5k and 6k+ for the long term. Everything between 2500 - 3000 sats is a good buy, use Fibonacci and RSI to spot the best possible price to buy. Click the link below to view the full chart and my way of TA for Ripple. Good luck!
XRP/BTC potential breakout by RihardsC on TradingView.com
but xrp exchange volume is still far below the top three crypto coins.
On November 3rd and 17th Ripple made a quick jump to 4000, the volume also was way below top 3, so I don't see that as an argument against XRP going up. That beauty of investing is to buy when there's blood on the street and sell when everyone goes crazy and in FOMO mode, causing volume to rise... If you experienced trader / investor, you should know that. :)