XRP's bull/bear transition Pt. 53
Today, looking at XRP/USD, XRP/BTC, BTC/USD, and SPY to assess where markets are going moving forward.
We take a brief look at the profitable setup I made during the last video, and continuation of that trade if everything cooperates as I think it might. I believe there's a good opportunity for XRP to push out of .20 and on to .24, depending on how connected it is with Bitcoin- which appears to be coming up against a pretty notable line of resistance.
Stay tuned- we'll see what happens.
We take a brief look at the profitable setup I made during the last video, and continuation of that trade if everything cooperates as I think it might. I believe there's a good opportunity for XRP to push out of .20 and on to .24, depending on how connected it is with Bitcoin- which appears to be coming up against a pretty notable line of resistance.
Stay tuned- we'll see what happens.
Note
Sitting right on support, in an oversold position- could be a great opportunity for a buy if tight stops are used.
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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.
Related publications
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.