The name and introduction of the project token, which exchange can be traded on, project/technical/team background, etc.

I will be talking about ripples today.
XRP is the native token of Ripple, a crypto currency based buying and selling network built by Ripple Labs Inc. XRP is its "digital asset established for international incomes," showing that they schedule to oppose with normal cash transfers usually performed by the local banking system. It's benefit is that users are entitled to transfer money at a very low or no cost, which will drift the attention of financial institutions like the banks and there customers as well. The 2nd benefit is the speed at which delivery of the transaction takes place.

The Ripple corporation was created in the year 2012 by Jed McCaleb and Chris Larsen and can be traced to Ryan Fugger, who developed the XRP Ledger in 2012. The XRP Ledger is an open-source based record files empowered by a peer-to-peer network of nodes in the blockchain.

Exchange Traded

This token can be traded in almost all the centralized and decentralized exchanges around. The picture below shows them.

Source: Coingecko

Source: Coingecko

Source: Coingecko

Fundamental/Technical Background

This includes some of the required data to check before you enter a trade. They include the details in the below screenshot.

Source: Coingecko

Why are you optimistic about this token today, and how long do you think it can rise?

I am optimistic about this token today because of a large trading volume which shows that money is currently circulating in the project.

It Can rise to the level of my take profit or stop loss as the case applies.

How to analyze the token? (using the analysis knowledge learned from professors’ courses) - the most important part.

I analyze the token using Median indicator.
I applied the median indicator on the chart and it showed the purple band which signifies a bearish market incoming. I ran my analysis on the 5mins timeframe of the chart. I used only median indicator because I want to have a very quick trade in the market.

Source: Tradingview

I took my parameters like the entry price, take profit and stop loss in my Bybit trading app and they are shown below.

Source: Bybit

This is the progress of my trade below.

Source: Bybit

Do you intend to keep it for a long time or when to sell it?

I intend to keep this token for a short while as soon as it gets to my take profit level or my stop loss if it goes the wrong direction as well

Do you recommend everyone to buy? and the reasons for recommending/not recommending

I don't recommend anyone to trade with my set up because the crypto market is very risk and everyone has different styles of trading the market. So I feel it's better for everyone to do there own research and take there trade.

Anything other users want to share about the token/project.

I want to share their official social media platforms here

Facebook: https://www.facebook.com/433523166761374

Reddit: https://reddit.com/r/ripple

Twitter: https://twitter.com/Ripple

Github : https://github.com/ripple