UnknownUnicorn6034472

Weekly XRP: Don't HODL XRP. Thanks.

If you are HODLing XRP I would not do that anymore. Always see a higher time frame, we can see there was not any signal for reversal. I am expecting more blood in the coming weeks to take out liquidity and also capitulation of most HODLers of XRP.

My friend told me that HODLing in XRP brings a good RR nowaday. Yes, that's right but only in case, when you see some signals of strength on daily, weekly... When you look at this asset during past days every "bullish daily momentum" was immediately absorbed by bears. That why I will be very cautious about where to HODL. If I will miss the first 10-15% it is okay for me. I will wait for the re-test but will have a clear and certain mind without any loss.

An optimistic scenario would be if we will take out stops at 0.17421 and have a bullish reversal (SFP) and start to rally above 0.1890 - then I will look for longs otherwise not.
Comment:
I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.

Free Telegram: t.me/ADA_Public
Twitter: twitter.com/trader_ada

__________________________________________________________________________________________________________________

I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).

PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).

go.primexbt.com/click?pid=507&am...
__________________________________________________________________________________________________________________
Comment:
We have set up Discord for our community and here is a link:

discord.gg/3myy2DB

Please join and enjoy staying there

What is there?
- swings setups + live management of these setups
- weekly reviews
- requests charts for particular coins
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.