Yuriy_Bishko

Is XRP pump ✅ coming? The two scenarios to long.

BINANCE:XRPUSDT   XRP / TetherUS
Hi friends! I explain you 2 the most probable scenarios for XRP and preconditions to it:
1️⃣ the continuation of growth after the bullish wedge breakout
2️⃣ the fall of XRP to the support value area and continuation of growth

🚩Now we can see how the XRP creating the huge consolidation area (base) where the whales can accumulate enough liquidity to sell XRP higher to the retail traders. The volumes bars always grow at the bottom. That is confirm our thoughts about the whales accumulation.

📊I mark 2 important support areas where we can find the good entry point:/b]
1️⃣ $0.31-0.33 - important to see the volume growth if XRP fall to this support. This fact confirms the whales pressence🔥
2️⃣ $0.36-0.37 - break up of this area will be positive✅signal to open a long after the wedge breakout

The most important thing is the BTC and SnP500 growth because all the alts follow this crypto and stock index. Read this idea to get more experience in trading and understand the next movement of crypto.

📊The targets:
1️⃣ $0.40-0.405 - the closest value area
2️⃣ $0.466 - the key level

🚩Will the XRP return it`s popularity and starts to PUMP as it was few years ago or SCAM and fall to low cap altcoins? Let`s discuss in the comments!

💻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.

Get access to the private club with VIP signals 👉 bit.ly/Biko_ViP

🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy

🔷YouTube 👉 bit.ly/YouTube_Lessons
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.