XRP: Twin Peak Strategy for Safe Sells
So once again XRP has reached a nice plateau. I've learned from my last time that XRP does spike yes, but (at least for me) not to a predictable magnitude. I have a new strategy based on my observation of previous XRP spikes. Each time the sudden spike occurs typically for several days, followed by a drop, and second peak between 70-120% of the value of the original "peak" anywhere between 5-14 days after. (5-7 days in most cases). Keeping in mind, that the delay in the peak seems to be proportional to the magnitude of the increase. Large increase followed up 7-12 days. Small initial peak followed by 3-7 days.
Regardless, the next time XRP spikes, I will wait for it to drop a little first, and will then sell a few days later once it reaches the same peak value. If the second peak seems like it may be less, then I will happily opt for 80-90% of the original peak as a safe bet.
Regardless, the next time XRP spikes, I will wait for it to drop a little first, and will then sell a few days later once it reaches the same peak value. If the second peak seems like it may be less, then I will happily opt for 80-90% of the original peak as a safe bet.
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