XRP
Short

XRPUSD long term play

This weeks candle hat taken out both the high and the low of the previous week. That is usually one of my early warning signals for a potential reversal.

A move from here to $0.30 would be a healthy correction and could happen very quickly. It would fill the inefficiencies and take out the stops of anyone who has been trailing their stops.
Overall I’m bullish XRP but a correction right now would mean price will shoot even higher than I expected on the next pump. There is a lot of greed and euphoria in the market right now but I don’t care about that. Price has been moving around areas I’ve marked out this whole year. My calls are playing out to near perfect, with that in mind I see a correction coming soon.
If price gives me another opportunity at $0.60 I’m taking the short.

Let’s see what happens.
Beyond Technical AnalysisBTCUSDxrpusd

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