XRP offers the most reasonable R/R at this point; however, don't overleverage. Volume is gradually picking up. MACD is having a bearish cross in the positive zone; however, the context suggests it might reverse soon and showcase a bullish cross. RSI is slowly curving back up near the median line. The bowl-shaped formation at the bottom is an enormous bullish sign. EMA30 & MA30 are acting as clusters of support that could drive up the price action. This trade could produce a profit in the neighborhood of 27%.
Note
As I told you, the region between 1.20 and 1.25 is a nasty one. If conquered, 1.40 is waiting!Trade closed: target reached
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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.