XRPLong
xrp found support at 1.66
Updated
evidence XRP not able to produce a bearish pattern for a 4 hours correction yet
found a double bottom at 1 minute chart to support the 1.66
price is being traded at 1.68 currently while post is being made
bitcoin 60k breakout drives all market prices higher
support at 1.66 can break.. but still it reduce a huge correction
if price breaks down further than 1.66 expect a support at 1.64 and a rise back to current price (not likely)
if support stays strong it will establish the correction and we can expect a rise to 2 usd SOON so HODL until 2 usd for top sell profits.. buy after retracement
further read in my other posts on why prices won't correct any time soon (there's no evidence for a 24 hours bearish move)
this is not a financial advise trade at your own risk
trade with evidence, not with emotion
found a double bottom at 1 minute chart to support the 1.66
price is being traded at 1.68 currently while post is being made
bitcoin 60k breakout drives all market prices higher
support at 1.66 can break.. but still it reduce a huge correction
if price breaks down further than 1.66 expect a support at 1.64 and a rise back to current price (not likely)
if support stays strong it will establish the correction and we can expect a rise to 2 usd SOON so HODL until 2 usd for top sell profits.. buy after retracement
further read in my other posts on why prices won't correct any time soon (there's no evidence for a 24 hours bearish move)
this is not a financial advise trade at your own risk
trade with evidence, not with emotion
Trade active
looking at the 1 min timeframe price is refusing to go bellow 1.66 as the bullish position establishes further price is actually climbing back up (after 6c retracement)
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