BigLava

XRP bounces of 200EMA

Long
BINANCE:XRPUSDT   XRP / TetherUS
Currently XRP tested its trend support. We can see a strong bounce off. Hopefully this bull flag forms once we get closer to resistance.
The 200 EMA is also acting as a strong support. If we cross below that level we can expect to see even lower.
Bullish Indication:
  • Bull Flag
  • Bounce off support
  • Bullish MACD signs
  • Bounce of 200EMA


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