FieryTrading

🔥 XRP Perfectly Timed Reversal: Update

Long
BINANCE:XRPUSDT   XRP / TetherUS
Last week, just after XRP's massive surge, I made an analysis about my game plan for this token and how I planned to approach it. See below.


As explained in my previous analysis, I wanted a move towards the 0.5 and 0.618 Fibonacci Retracement combined with an oversold RSI on the 15 min timeframe. Congratulations if you took the trade!

Thus far, the trade has worked out perfectly. I'm waiting for a move towards 0.90 to take profits. For more risk-averse traders, now is a great time to take some profits off the table.

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