Update on Ripple!!!
After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level.
I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities.
Guys, don't forget about stop losses, it will save your money!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
After a long trade in the area, xrp fell 35%, broke through the $0.65 support level, gathered liquidity below the $0.52 level, and bounced back to the $0.65 level. The price has now squeezed near that resistance level.
I think the price could break this resistance level and move up into the value area, I am now looking for entry opportunities.
Guys, don't forget about stop losses, it will save your money!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Comment:
The price broke through the trend line, I did not open the trade because the price did not reach the level of 0,77$
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