XRP 4H Perspective:
Longs are already active on this pair for myself, with wide stop losses below $0.2850 as we’re going for the swing trade eventually reaching the $0.48 mark.
XRP was slightly more resilient to the pullback vs BTC which gives me clearer hope of a slightly lower move to the low $9,000’s. As you can see the inter-day trendline (purple) breakout & retest has also completed so it adds further confluence alongside the weekly trendline (also purple).
I do believe XRP could spike to $0.30 so my stop loss takes this into consideration and I’m looking to position add if this commences.
CREDIT: CRYPTOWZRD
Longs are already active on this pair for myself, with wide stop losses below $0.2850 as we’re going for the swing trade eventually reaching the $0.48 mark.
XRP was slightly more resilient to the pullback vs BTC which gives me clearer hope of a slightly lower move to the low $9,000’s. As you can see the inter-day trendline (purple) breakout & retest has also completed so it adds further confluence alongside the weekly trendline (also purple).
I do believe XRP could spike to $0.30 so my stop loss takes this into consideration and I’m looking to position add if this commences.
CREDIT: CRYPTOWZRD