Hi, friends.
XRP is in the balance now with the range 0.75-0.84. If this balance goes up then a new mid-term uptrend will begin.
Intraday you can try to buy on the break out of 0.7830.
Also, remember that the XRP is very correlated with bitcoin.
Entry point: 0.7830 (aggressive), 0.8400 (conservative, after break out)
Stop: 0.7455
Target1: 0.90
Target2: 0.97
XRP is in the balance now with the range 0.75-0.84. If this balance goes up then a new mid-term uptrend will begin.
Intraday you can try to buy on the break out of 0.7830.
Also, remember that the XRP is very correlated with bitcoin.
Entry point: 0.7830 (aggressive), 0.8400 (conservative, after break out)
Stop: 0.7455
Target1: 0.90
Target2: 0.97
Note
Hi, friends. Update idea on XRP.
The balance goes down and downtrend continues.
For now I am waiting the price at support zone 0.67-0.6750.
I think the price will rebound from this level.
But if the price break down this support zone, we will see a fall move to 0.58-0.60. It can happens if BTC breaks down 8100.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.