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Dangermousebanana
Feb 17, 2020 7:40 AM

Strong volume selloff but 0.28 support should hold ! Long

XRP / US DollarPoloniex

Description

0.28 level offers long term support.
It coincides with the parabolic price progression of the last month.
This can be considered a relatively safe entry point if you're not aboard yet.
Not financial advice.

Trade active

Same as XLM !
XRP just made a backtest of the long term downtrend line.
This line has become support and the bottom of this recent move could already been have reached !!
Comments
VincePrince
Thank you, I share the same opinion with you.
Dangermousebanana
@VincePrince, Thanks ! Interesting chart ! Accumulation / Growth phase has been somewhat delayd, but market likes to fake max people out !!
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