Hello Traders!
After a sharp upward move, XRP went into consolidation between $0.95 and $1.24
The market correction presents an opportunity to join purchases with a good entry point.
Entry can be considered between $0.95 - $1.04
Stop-loss can be placed near the $0.80 price level
Growth continuation targets would be the $1.69 and $1.84 price levels. You can also try to hold the position to the psychological mark of $2.00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
After a sharp upward move, XRP went into consolidation between $0.95 and $1.24
The market correction presents an opportunity to join purchases with a good entry point.
Entry can be considered between $0.95 - $1.04
Stop-loss can be placed near the $0.80 price level
Growth continuation targets would be the $1.69 and $1.84 price levels. You can also try to hold the position to the psychological mark of $2.00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.
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.