🔥 XRP Reversing From Strong 2023 Support
Updated
XRP has been trading bullish for the majority of 2023, continuously trading alongside a diagonal support.
As of last week, XRP has yet again retested the support line and is currently reversing. My assumption is that this support will hold for the coming months.
For an optimal risk-reward I'm targeting 0.7, but you can also take partial profits around 0.55 in case you want to play it more safe. Stop below the recent swing low.
As of last week, XRP has yet again retested the support line and is currently reversing. My assumption is that this support will hold for the coming months.
For an optimal risk-reward I'm targeting 0.7, but you can also take partial profits around 0.55 in case you want to play it more safe. Stop below the recent swing low.
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