At multi year support! for BITFINEX:XRPUSD by Kelthogar

trendanalysis indicator beyondta xrp xrpusd cryptocurrency crypto

Currently we are sitting on a multi year support.
But be cautious of the second support under it.

Overall I think we are ready to go up and make new yearly highs. :)

Trade active

Comment:

Please be aware that a further sharp drop to the $0.30's is still POSSIBLE and only trade with a very wide SL longterm or a very tight SL for risk-free trades.

First resistance ahead should be 0.37-0.38$.

Comment:

There was the spike to the last trendline.
Lets hope, that this helds. :)

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