XRPLong
THOUGHTS ON XRP/USD
XRP/USD 4H - I am loving the price action I am seeing at the moment on crypto, price is really respecting these areas of Supply allowing us to buy in at some great prices.
I have been buying into XRP more and more over the course of the past two months whilst price has been accumulating, preparing for the next big pump to the upside.
You will see above that price has been trading down and into these areas of Demand, clearing liquidity and then trading us higher, we are now seeing price break previous highs which gives us the confluence of a new bull run.
I do have a higher timeframe Demand Zone marked out lower if price does decide to take a deeper correction allowing us to really buy in at a cheap price but the market is yet to show signs of diving that low.
I have been buying into XRP more and more over the course of the past two months whilst price has been accumulating, preparing for the next big pump to the upside.
You will see above that price has been trading down and into these areas of Demand, clearing liquidity and then trading us higher, we are now seeing price break previous highs which gives us the confluence of a new bull run.
I do have a higher timeframe Demand Zone marked out lower if price does decide to take a deeper correction allowing us to really buy in at a cheap price but the market is yet to show signs of diving that low.
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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.