XRP broke the critical upside trendline earlier in the week and created a BOS on the 4h chart. It has now pulled back to this BOS zone at 2.00.
Targets 1 and 2 are still in play once we get a confirmation that the pullback is complete.
This trade will be invalidated if we break and close above the bearish trendline (red).
NFA and trade carefully due to the high volatility of the market!
Targets 1 and 2 are still in play once we get a confirmation that the pullback is complete.
This trade will be invalidated if we break and close above the bearish trendline (red).
NFA and trade carefully due to the high volatility of the market!
Trade active
XRP now reached the resistance at $2.15. If we break this resistance, we will head higher but if we reject, trade is still in play!
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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.
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.