jp_investing

XRP isn't done yet

Long
BINANCE:XRPBTC   XRP / Bitcoin
We are struggling at a 38.2% retracement right now but i expect it to continue dropping. We have a really strong ascending trendline in confluence with a 61.80% retracement on the smaller move, and a 50% retracement on the larger move. Better yet, we have confluence with another strong trend line (orange line) intersecting at the same point. I think this will be a strong buy zone (blue box) for XRP.
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.