Ripple (XRP). This popular altcoin is now near the key level of $0.78. The last time it tested the key level as support, the price rose 5%. Other than that, volumes have risen significantly. Most likely, the big players collected liquidity, by activating traders' stop-losses.
Next time, when XRP test the level of $0.78, you need to watch out for price reaction and volumes, in order to open a long position in time.
After the price comes to the trend line and the squeeze to it, you can also open a long position with a short stop-loss.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Next time, when XRP test the level of $0.78, you need to watch out for price reaction and volumes, in order to open a long position in time.
After the price comes to the trend line and the squeeze to it, you can also open a long position with a short stop-loss.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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