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Sherem
Nov 21, 2019 2:49 PM

Ripple channel Long

XRP / United States DollarCoinbase

Description

Ripple is in a support zone right. RSI is very oversold on the daily. Nice set up for a trade. While we could get a spike down to 23 cents before rebounding, if we find support at this level here. It will be bullish long term by creating a higher low. Not exactly the way I imagined it playing out, but here we are.

Best of luck.

-Sherem

Comment

my support zone was shallow, but still valid and will move back up to .30 if we break .24
Comments
MarkBrathwaite
XRP has been in a downtrend for weeks. It is my sincere hope that the crypto market turns around sooner rather than later. MGI and XRP right now severely undervalued... a lot of regulatory restrictions and hurdles in the way atm. 0.33 USD is possible in 1 year.
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