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Weekly time frame outlook has given a strong bounce off the 90MA, broken upside from flattish bottom of previous bear channel, and has upwards momentum of the MACD.
OFC we could see more downside to as low as 90 cents, but with market looking up from it's 8-9 month sell off, add the clarity act as the final go ahead for institutions to use XRP's utility - a $1.4 entry might be an effective position.
Namaste
Weekly time frame outlook has given a strong bounce off the 90MA, broken upside from flattish bottom of previous bear channel, and has upwards momentum of the MACD.
OFC we could see more downside to as low as 90 cents, but with market looking up from it's 8-9 month sell off, add the clarity act as the final go ahead for institutions to use XRP's utility - a $1.4 entry might be an effective position.
Namaste
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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.