XRP (RIPPLE) - BUY - 22nd December 2021

XRP (RIPPLE) - BUY - 22nd December 2021 (Open)

Good morning team,

We have been waiting patiently for ripple to begin the next move to the upside. Based on our Elliott wave count a new bullish trend should be underway as the 3 wave correction is now complete. We are not using leverage here, just buying the crypto outright and using the 0.6541 level as our SL position.

Trade Setup: BUY XRP (ripple), the current price is 0.9430, our SL zone is 0.6541 and the take profit is open ready to hold for the long term. 

If you are using leverage you will need to use the 0.6541 bullish invalidation level as the SL as well.

Trade Setup
BUY - Market Execution


Take Profit

Stop Loss