XRP Ripple - Success or Disaster?
Historically XRP has acted as a hedge against BTC. But in more recent times, Ripples movement has left us hesitant. In this chart we can see XRP at support in this 4H channel. A move up could indicate a push to test the 4000 Satoshi range. And a break down of support can send us down another leg to the mid 2500 Sats range. We must wait for continuation up for us to enter, or we may enter and use SL at a breach of support here shown in this chart. I stand neutral until confirmation.
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.