A breakout out of that range with significant volume will decide where xrp is heading next
Note
Edge to edge trade working on XRPUSD and XRPBTC on daily So there is a high possibility that the price will go up
Note
XRP moved down and closed below
Note
4 hour, 12 hour and Daily all looks Bearish Price is below the cloud
Note
But we still have to wait for the daily to close, Price on daily did close below the cloud but bounced off from the Kijun We can take the trade right now also but to be on the safe side, we wait for the candle close and then short it
Note
XRP closed below the cloud and below the Kijun So we short xrp here XRP must not close a candle in the cloud, if that happens then we close the trade. So that will be our stop loss for now
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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.