Looks like Xrp wants to make new lows again.. But before it looks like we have a long-scalp opportunity!
We broke the important Support of 0.21 cents in mid-december, this means that the support became a resistance on the breakdown. But in order to confirm that 0.21 is indeed a resistance we must test it first and looking at the market a test is the most-likely move at the curent moment.
Why?
- We are breaking from a 4h triangle - Macd flipped Bullish on the 1d timeframe - Rsi was oversold
So right now bulls seems like in control, here's how i will play the trade:
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