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MBM_Crypto
Jul 11, 2021 2:10 PM

XRP is very close to breaking a 53 day downtrend!  Long

XRP / TetherUSBinance

Description

Here's a quick look at XRP 4 chart. As we can see, the price has been in a downtrend for more than 50 days now, and it is very close to breaking that trend! The best entry would be, when the price breaks above the yellow Trend line with good amount of volume . This is a sleeping beast! Keep an eye on this setup.
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The idea is: Buy the breakout from the yellow Trend line and take profits at the levels shown in the chart.

Targets:
1. 0.78$
2. 0.84$
3. 0.91$
4. 0.97$

- Profits can also be taken in the resistance zone.
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Comments
scooter2000
Looks like all the crypto
scanning93
Following btcs downtrend on the daily, looks pretty similar
Mudrex
pretty likely setup. the take profits you mentioned are pretty prudent
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