Xrp dipped below the previous lows picking up a lot of orders and had a good talk to the upside. This move was called in my previous post, having missed the initial move I now expect a move down.
I expect price to dip in to the blue box before a potential move higher. First target would be 0.19 and I will scale off 50% and move my stops to BE. I will take a further 25% at 0.20, I will leave a smaller portion with targets above 0.22 I would only entertain a move lower if the previous low is broken. That would invalidate the long.
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.