Is XRP dead? Long

XRP / DollarBitfinex

Description

⋅ Mar 16, 2018 6:55 PM

XRPUSD looking iffy.... Sitting on top of MAJOR support / demand zone. If the market breaks and closes candles below i believe you wont see it come back up. However, going long here is a great idea. the risk to reward is worth it.

Comments

mikehill85

⋅ Mar 16, 2018 7:12 PM

Or you could alternatively wait and see if it can bounce off this support. If it doesn't XRP is has one last stop at $0.57 before going to zero.

germac

⋅ Mar 17, 2018 6:24 PM

@mikehill85, Absolutely. Buying now is senseless. The time to buy will become obvious eventually.