🔥 XRP Fibonacci Game Plan After Massive News
Updated
Everyone has seen XRP do some crazy things yesterday. Won't go into that in this analysis, but we can all agree that it's generally great news for crypto as a whole.
In this analysis I want to take a look at the coming ~2 days and how I will approach XRP. There's a lot of volatility around this token, which is risky, but offers great opportunities.
I'm patiently waiting for the price to make a move to the purple triangle area, between the 0.5 and 0.618 Fibonacci retracements. At the same time, I want to see the 15m RSI hit oversold levels.
In my eyes, this is one of the best potential entries that we can get. Target will be the 0.90 area, with a stop preferably below the 0.618 Fibonacci retracement line.
In this analysis I want to take a look at the coming ~2 days and how I will approach XRP. There's a lot of volatility around this token, which is risky, but offers great opportunities.
I'm patiently waiting for the price to make a move to the purple triangle area, between the 0.5 and 0.618 Fibonacci retracements. At the same time, I want to see the 15m RSI hit oversold levels.
In my eyes, this is one of the best potential entries that we can get. Target will be the 0.90 area, with a stop preferably below the 0.618 Fibonacci retracement line.
Note
Also wanted to congratulate you if you traded my previous XRP signal:
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.