TradingView
FieryTrading
Feb 13, 2021 12:36 PM

🔥 XRP Strong Bounce From Support Long

XRP / TetherUSBinance

Description

â‹…
During the latest small sell-off, XRP has bounced sharply from the bottom support line. Looking at the last week of XRP's price action, there has been a very steady increase in value day over day. Since most crypto's are seeing exponential growth currently, I'd bet that soon XRP will see those big returns as well. Crypto's appear to be cyclic in nature.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!
Comments
Mahtab_Tradia
â‹…
Good job mate! keep it up
Miska_Fx_Millionaires
â‹…
Thanks bro for this analysis added to my watchlist
FieryTrading
â‹…
@Miska_Fx_Millionaires, great to hear🔥
neojeeoh2
â‹…
Well said! Glad we're in this part of the cycle again!
FieryTrading
â‹…
@neojeeoh2, Great to hear that you agree!
BigLava
â‹…
🔥🔥 fire analysis
FieryTrading
â‹…
@BigLava, cheers🔥
Stargazer_fx
â‹…
excellent analysis🔥🔥
FieryTrading
â‹…
@Stargazer_fx, nice🔥
More