XRP Ripple Update - The Long Road Continues
XRP remains in a low volatility period of accumulation. Still engaged in it's legal battle with the SEC, price remains range-bound between $0.30 and $0.55.
A higher low was just formed on the weekly, and if bullish news breaks traders should anticipate the breakout above $0.60 for their entry trigger.
However, as we are still range-bound, range-bound trading rules apply: Buy Low, Sell High.
I would recommend patience and look for another opportunity to accumulate closer to the lower end of the current range.
A higher low was just formed on the weekly, and if bullish news breaks traders should anticipate the breakout above $0.60 for their entry trigger.
However, as we are still range-bound, range-bound trading rules apply: Buy Low, Sell High.
I would recommend patience and look for another opportunity to accumulate closer to the lower end of the current range.
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