XRP About to take off again! Broke out and retested!

4 באפר׳ 2021

Here's a quick look at XRP 4 hr chart. As we can see, the price had been oscillating in the bigger symmetrical triangle for some time and finally broke out. the price went up to 0.64$ where we saw a rejection. The price the came back down and is now retesting the bigger symmetrical triangle. The current price could be a good entry for XRP.

The idea is: Buy the breakout from the bigger symmetrical triangle OR the retest of it. Take profits at the levels shown in the chart.
Targets:
1. 0.65$
2. 0.78$

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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!