Coinathlon

Look for an XRP retracement

Long
BINANCE:XRPUSDT   XRP / TetherUS
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XRPUSDT

XRP broke through the 100- & 200-MA, which usually results in a very strong move up. This leads to people feeling like they should chase the run. However, it is better to be patient and look for a good entry.

MAY: XRP broke 100-&200-MA
-> Had a run up
-> MACD very high
-> Retraced
-> Golden cross
-> Run up.

NOW: XRP broke 100-&200MA
-> Had a run up
-> MACD very high
...

Wait for a retrace (around $0.22 level) and look for the golden cross.

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