chestertrader

Ripple price drop, Support Zone and possible consolidation. 4h

Long
chestertrader Updated   
Hello, since this big parabolic rise in price in XRP, now we see a healthy drop and we can see a Fibonacci confluence of short and mid term upward swings, around the $1.55 in my opinion its a god entry point for those who want to get in the ripple train or do some money management.

Comment and Share,

Cheers
Trade closed: target reached:
Lets go to the 3$ mark!!
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.