XRP is on another bullish leg at the current moment, moving strongly towards the next resistance zone.
I would however trade with much caution, considering the extreme pump and dump nature of the coin. With high gains in short timeframes, but also massive losses in sort timeframes.
A sharp wick towards the 50d moving averages already shows the buying pressure has likely peaked, even if the price can push higher the
XRPUSDT test of the 50d MA is an early sign that bullish pressure is on its last leg:
I will say this: short term, if you look at the chart, you simply must be bullish. But I still won't touch XRP with a ten foot pole at this price. Other altcoins such as TIA present much better, lower risk entries.
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XRPUSDT
I would however trade with much caution, considering the extreme pump and dump nature of the coin. With high gains in short timeframes, but also massive losses in sort timeframes.
A sharp wick towards the 50d moving averages already shows the buying pressure has likely peaked, even if the price can push higher the
XRPUSDT test of the 50d MA is an early sign that bullish pressure is on its last leg:I will say this: short term, if you look at the chart, you simply must be bullish. But I still won't touch XRP with a ten foot pole at this price. Other altcoins such as TIA present much better, lower risk entries.
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XRPUSDT 
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Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.