Trade Recommendation: Ripple(XRP/BTC): 185% Profit Potential
Current Price: 0.00004461 BTC
Buy Zone: 0.000034-405 BTC
Sell Zone: 0.000085 – 97 BTC
Profit Potential: upto 185%
Time frame: 4-8 weeks
- XRP has been dropping since last 5 Months, RSI is Oversold, MACD is negative.
- Breakout confirmation above 0.00005 BTC
- XRP needs to build support above 0.00005 BTC for the rally to the upside.
- In case XRP doesn’t drop to our demand zone, we can open a position below 0.000052 BTC
Recent Major developments
Ria Money Transfer is a massive remittance processor – the second largest in the world, according to recent statistics. 3
On May 2nd, the company announced that they’d partnered with Ripple to process cross-border payments.
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Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.