JohnBat

One resistance that matters

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
xrp shows strong daily increases and growing volumes. An additional advantage is the fact that since the beginning of 2018 we have been moving in a downward channel , which has accumulated enormous strength on the weekly and monthly chart.

As for me, the only and most significant place is the level in the red rectangle . It is a combination of several significant resistances that have so far blocked XRP from gaining. I personally remain long at 0.17$ with a view to closing around 4.8$

Comments

You really can't go wrong with these prices and this proper breakout of a downtrend
+1 Reply
JohnBat eliteproxy
@eliteproxy I think so. At the moment we have very strong fundamentals on XRP. Sometimes i think its like madness
Reply
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