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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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.
Disclaimer
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.