Buying opportunity in XRPUSD
XRPUSD is in correction phase after hitting the all-time high at 3.40 $. After coinbase denied the rumor that it is including XRP in its trading platform, xrp is in a downward movement and we may see it go down further. It may find support at 0.5 fib level at 1.78 $, another nearby strong support is at 1.60 $. So I will place a buy order at 1.60 with a target of 4 $. It will be a buy and hold position without leverage.
Trade active
Entered manually at 1.65. holding it for a test of 4 $
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