🔸Hello traders, today let's review daily price chart for XRPUSD. speculative 5 waves bullish structure in progress. final target is beyond 1 usd end of 2023.
🔸We recently maxed out / triggered overhead resistance at 90 cents so naturally right now pullback in progress expect it to complete and mark yet another higher low at 55 cents.
🔸Recommended strategy bulls: expecting pullback/correction to extend into September/October 2023, bulls should be ready to buy low near 55 cents, stop loss at prior higher low at 45 cents. TP for this swing trade setup is 1.15 usd +100% gains from entry price. good luck traders!
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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.