Trading-Guru

XRP Just Dipped Below 17 cents gain! (HUGE Buy Opportunity)

BITSTAMP:XRPUSD   리플
As you can see from the highlighted red dots, every time XRP suddenly feel it found support on a value near the 17 cents region.

This time it was no different, the entire market dumped massively and a chain reaction caused one asset after the other to lose a lot of value in a short amount of time.

However, XRP was already not doing great but didn't deserve such a low price. There is incredible support around the .17 region as we have seen in previous drops. And for a few seconds today the price even dropped below it.

This caused the bulls to wake up again, and created a fantastic buy opportunity where you can enjoy the ride upwards again to find more normal levels for XRP to trade on.

I suggest a long position here that is closed relatively early, because if you look at recent price action XRP was actually not doing too well.

A logical exit for me would be around .18 as this is where the price was trading before and anything beyond it would just be speculation at this point.

Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.

- Trading Guru

--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!


Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!

t.me/Vietnam100eyes

(bắt đầu từ tháng 2 - 2023)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.