I don't see XRP pumping any time soon. It seems price has decided to take a break and consolidate around $1. As you can see right now we're hugging the support at $1.3.
If that fails to sustain us, then our next significant support is just under $1.
The daily indicators are bearish unfortunately, however, in a large bull market, this may indicate consolidation, so I'd be surprised for XRP to fall under $1. Nevertheless, best to wait for now and let XRP find a base before considering any longs.
MACD is about to cross on the negative and RSI is falling. This is bearish. On 4h we're still in search for a base, so likely we will continue to fall before we can find a base to pump again. Patience.
Market took a dump yesterday and now we're trying to find our legs again. Until then, we're on shaky ground. Trade accordingly. Also check my ETH and BTC ideas linked below for more on that.
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@DU09, its complicated to find an entry, geeze. now its trending up. patience is key here? how to approach this?
Frazius
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I thing this could be a good sign for a healthy rise in the future. The the bull run that xrp undertook was destined to go down again because it was way too sharp and without a real reason. I hope price could go as deep as the 0.8 region.
OxbadOded
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@Frazius, know one talks about dogecoin going sharply up even during the bitcoin crash. You can still hope keep on hoping to buy at 80 cents.