TradingView
Raul_Dominguez
Nov 22, 2019 4:12 PM

Short Term Bounce on XRP Long

XRP / U.S. dollarBitstamp

Description

BITSTAMP:XRPUSD

XRP is bouncing today around critical support of $0.22 USD, from an oversold condition, with a positive divergence on the 4-Hour RSI, which is bullish.

I’m opening longs here with a price target of $0.26 USD or higher and a stop of $0.22 USD.

Bitcoin also looks like it hit the lower trendline of it´s down channel and it's ready to bounce,


Good Luck to You

Trade closed manually

It is not bouncing as it should, I’m out. It bounce but, very, very little. Out.
More