XRP 4H - Scaling up
Hi everyone,
XRP is consolidating around the support & Fib zones -» multiple long positions were opened.
We expect a bullish move and are targeting the AHT.
We might see a bearish move if the price doesn't hold those support zones and the triangle, then we might see sub dollar prices -» more to buy in.
Weekly chart shows a support zone of 70 cents, something to keep in mind if we really correct that low.
Kind regards,
Noel
XRP is consolidating around the support & Fib zones -» multiple long positions were opened.
We expect a bullish move and are targeting the AHT.
We might see a bearish move if the price doesn't hold those support zones and the triangle, then we might see sub dollar prices -» more to buy in.
Weekly chart shows a support zone of 70 cents, something to keep in mind if we really correct that low.
Kind regards,
Noel
Note
Long positions opened since 19/04
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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.