XRP getting another run upwards?
A couple days ago XRP had nice run towards around 7400 satoshi. After that it retraced to its 0.786 fib. level. This can be a good moment to pick up some XRP's.
Last time it bounced its head on a longer term resistance line. I think this can happen again.
I hope we can go as high as 8800.
Buy-in: Anything below 5200 is good in my opinion, or you can wait for the break-out of the purple resistance line.
Stop-loss: set a stop-loss a little below the 0.786 fib. level around 4600.
Sell-off: It is probably a good idea to scale out some profits at last times high at around 7400. Leave the rest for a higher run up.
Good luck!
Last time it bounced its head on a longer term resistance line. I think this can happen again.
I hope we can go as high as 8800.
Buy-in: Anything below 5200 is good in my opinion, or you can wait for the break-out of the purple resistance line.
Stop-loss: set a stop-loss a little below the 0.786 fib. level around 4600.
Sell-off: It is probably a good idea to scale out some profits at last times high at around 7400. Leave the rest for a higher run up.
Good luck!
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.