We might have a red leg down towards the green bullish divergence line (20 cent) one time. But right now we are forming some nice bullish divergence. This might cause xrp to swoop through the 34-40 cent area (greenbox) that used to be a resistance in the summer crypto run. you can sell a part of your xrp at the 50 cent and reacumulate in the 55 cent - 40 cent area before we go up higher but i expect his scenario to play out in the coming months and hit the 50 cent in december/januari so lets just sit back and enjoy the show and look what to do after we hit the 50 cent area. And if your wondering what the green line is. Its the average price at which i have bought XRP over that past few months, so if you are going to invest into xrp i would say just buy 10% of you investment money each week and you will have a nice position because if you buy now u might miss out on the 20 cent opportunity.
Trade active
The red leg just happened, and might continue for a day, i would say now buy, go full long!Note
and voila lets rock it
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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.