Hello guys, as for today, I see a little correction in XRP. Right now, XRP worth $1.72 USD. and that it's not the end, did you know right now we have a good entry that we can to look for example in H2 timeframe.
In this screenshot, we see that I mark a yellow square that I show you the price action, we see a bullish rejection candlestick, their name of this candlestick it's called Doji of long legs. I belive that this it's their name, basically I don't know the name of this candlestick, but based in my real experience + practice, that it's an indication that bulls are continue defending XRP to pump more higher.
In H4 we see and we can to look 2 things. There're 2 support using Fibonacci level at 0.382% and 0.618%. At the moment, XRP move to $1.75 USD, so, that mean that you can to re-open or open a long position in Bybit. In the morning, as XRP was reach around o $1.90 USD, I decide to closed up my long positon and I get a profit of 1,433 XRP accumulate to then, use my rest of balance and what I earn to open up a long position with more margin and using the leveerage reccomend until 3x in Bybit. Earn or loss, I don't matter in it, but I earn much in what I earn from the 50 cents and open and closed, and repeat the same to get more margin. At the moment, I'm very well. So, as the morning I open up a long position at $1.80 USD. I believe that it's supposed for me to create a buy order limit at $1.60 USD as I know that XRP did a little down. But don't worry, I decide to keep my positon by long as I put a SL at $1.43 USD. But guys, who follow me my XRP signal for bybit and if you're earn profit in XRP, congraluations for who follow me my XRP signal from fifties cents from 2 weeks ago. I earn 1, 433 XRP at the moment in profit.
Another idea that I want to share you it's this timeframe, in H12 timeframe, we see that XRP have' all the chances to repeat the same candlestick model pattern that I copy in the past up from $1.37 to $1.90 USD, and so, as we're above of $1.75 USD, the next prediction could be so near of -0.618% of Fibonacci toward the $2.40 USD. The $2.40 USD will be my next target to reach in XRP to continue make trading in Bybit.
Guys, if you found out that this idea it's sound interesting for you and everyone, please comment below what are your perspective to trade XRP in bybit and your goals. It's will being for me like an inspiration. And you can to share this analysis with others traders amateurs, crypto-enthusiastic and much more as me.
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