[Today's market forecast on 11/7 (Thu)] What will happen from now? XRP market price!
Today's XRP price forecast is released! Coingirls official traders open their strategies to keep up with the upcoming virtual currency trends!
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Ripple market forecast for Thursday, August 11
Today's XRP / USD market analysis.
The long-term perspective analyzes the two-hour bar!
The above image is a 2-hour chart of BITFINEX.
Ripple continues the range.
I want to be bullied without trading, but this is not something that moves in my personal feeling, it depends on the market, so I have to wait.
The fact that the range is continuing means that the energy of price movements is also accumulating, so I feel that a trend will emerge in the direction of the exit.
At the current position, neither buying nor selling can be entered, so I would like to follow the direction that broke this range.
If you go down, you want to sell back, and if you go up, you want to buy back.
To conclude, the long-term perspective is “quiet view”.
What is your short-term perspective?
The image above is a 30 minute chart.
In a post yesterday, he wrote, "We have broken through the $ 0.29800 resistance line and have fallen since then, so we are preparing for a long."
And now rebounding at 100SMA, this moving average is working as support.
As for future profit targets, we will first make a partial profit at the previous high of $ 0.307 and increase profits when we break out.
If the price falls below the listed price of $ 0.298, it will be a withdrawal with profit and loss.
In short, short-term is "buy".
Conclusion: buy ripple now? Is it selling now?
The long term is quiet. Short term buying.
This concludes today's market analysis.
* The virtual currency exchange recommends opening at least three or more exchanges!
In particular, Ripple is a hot issue, so if you want to buy it now, the following article is recommended.
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[Latest version of 2019] Easy-to-understand explanation of how to buy ripple!
[Women's association member who wrote this article]
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