tradertez

XRP 4HR potentially consolidating before next move?

tradertez Updated   
KUCOIN:XRPUSDT   XRP / Tether
Looking for a support bounce of .50/.47 next for safe entries for longs.
Looks like its consolidating for now.

Bullish Invalidation is a bearish retest of the 21 MA (teal line) / .50 - .47 range with increased volume.
Comment:

XRP bounced around right around .50
4HR 21 MA / ~.532 is next Resistance level.

Watching for breakout or rejection

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