XRP Looking good
Starting to accumulate XRP around the 20 cent mark, and we could retest the support line which would be a decent buying opportunity.
Aim is to start taking profits between 26-28 cents, and hold the rest and see if we can test the 30 cent previous resistance. If we can break this (this will be the fourth time testing it) then I don't see much stopping us hitting previous ATH's. RSI looking buillish, MACD Crossover looks good.
Stop limits set at $0.18, we may go down to this level if Bitcoin has a big crash so that's something to bear in mind.
Good luck trading!
Aim is to start taking profits between 26-28 cents, and hold the rest and see if we can test the 30 cent previous resistance. If we can break this (this will be the fourth time testing it) then I don't see much stopping us hitting previous ATH's. RSI looking buillish, MACD Crossover looks good.
Stop limits set at $0.18, we may go down to this level if Bitcoin has a big crash so that's something to bear in mind.
Good luck trading!
Order cancelled
Waiting for Bitcoin to drop before accumulating any more XRP at the moment. If Bitcoin tests the 5k mark then XRP will likely go down past support.
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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.