Daily XRPUSD Technical Analysis – August 17, 2020

0 17
Avatar for rafaelken1989
4 years ago

DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.

I’m betting XRPUSD on bull-run right now! This article was written exactly at that time when its price surged suddenly to 0.31 cents!

My July 16, 2020 entry at 0.19 cents level is now netting my 7 open trades a total net profit of 52.83%.

Chart was screenshot at 8:42PM Philippine time.

Today’s Intraday open is 0.30450, high 0.30739, low 0.29731 and current price based on my screenshot is at 0.30738. XRPUSD is up by 0.97% while rival BTCUSD up by 1.02% and ETHUSD is down by 1.76% at the time of writing. Today’s volume is sitting at 38.11 Million, slightly higher than yesterday’s.

You may read my yesterday’s report here:

Daily XRPUSD Technical Analysis – August 16, 2020

Consolidation pays off after 12 days. We can see a bull-run now.

I predict that XRPUSD will break the 0.32 territory if the bulls continue to push.

That’s all for today. Don’t forget to write comments below this article for any corrections, questions or additional info that I might missed.

Have a great day ahead! Stay tuned for more XRPUSD analysis! Thank you! 

HAPPY TRADING!

2
$ 0.01
$ 0.01 from @TheRandomRewarder
Avatar for rafaelken1989
4 years ago

Comments