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Technical analysis by taufikjamifirdaus about Symbol XRP: Buy recommendation (11/5/2021)

https://sahmeto.com/message/2661005
taufikjamifirdaus
taufikjamifirdaus
Rank: 10279
1.6
Buy،Technical،taufikjamifirdaus

My Top 10 Altcoin Holdings (at the moment I post)Part 4, XRP/USDClass : Big CapDisclaimer: Not Financial Advice to Buy/Hold Or Sell AssetsYellow Box: Demand ZoneDemand Zone where Accumulation of assets start, looks dead and low volume , this is where I buy (not chasing green candles).Orange Box : Supply ZoneArea where I Begin to sell out of my assets, De-risk as price spike out, take out my principal capital after 100% rise (Must do for me) so the risk is technically 0 and let the rest ride to the moon or die in the crypto abyyss.Indicator: RSI ( Relative Strength Index )I find out RSI is the one of the best indicator to use in Crypto market, when RSI touching the upper resistance so the price potentially will touching the upper resistance (also have potential to breakout higher in price), once RSI peaks out it might tell you some bearish divergence at the chart as the price rise but the RSI making lower high (telling you that the momentum is out, slowly decrease before a big dump happen).Bullish-Bullish-Bullish, New All Time High Soon...Probably Explode any time, The RSI is pointing out for a big Breakout, The Previous All time High is the last supply zone, after that...sky is the limit (price discovery).Still Holding, Extra BullishI have been buying XRP since January Dump.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$1.16
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