Hello traders as you see xrp/btc rejected nicely off the monthly level and has gone vertical. If you took my trade you would be up 9%. I did this on 5x leverage on bitmex so I am chilling right now. I suggest taking some profit if you haven't already because anything can happen. 2850 is the next major resistance. Definitely take profit there, It is a weekly level. I might add to the position as well if we have a nice resistance support flip. If we push through it we should see the monthly being tested soon.
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.