[Today's market forecast on 11/21 (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.
What is your long-term perspective? Analyze the time bar!
The above image is a 2-hour chart of BITFINEX.
In my last post, I posted, "I have a short of $ 0.265 backsold."
As the decline continues, we will concentrate on increasing the unrealized profit of the shorts we have.
Analyzing the current price movements, I think that if you make Sanson in the shape of an image, the price will decline further.
Since Ripple's lowest price is $ 0.23, I will aim for this selling position of $ 0.23.
To conclude, the long-term perspective is the "sales perspective."
What is your short-term perspective?
The image above is a 30 minute chart.
As I mentioned a little above, in the short term, we are creating a shape that looks like Sanson.
I think that the decline will proceed when these three statues are completed, so I would like to first see if I can break the previous low of $ 0.24.
Until then, we have the best time to wait, so we will continue to increase the shorts we hold over the long term.
To conclude, the short term is a “quiet view”.
Conclusion: buy ripple now? Is it selling now?
Sell for a long time. Stay quiet for a short time.
This concludes today's market analysis.
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