As of this post, there's a MASSIVE wall of sell orders between the current price, and the .68 cent level in XRP. This will be challenging to get through without some volume on the buy side, but if that buying volume does roll in, these sell orders will provide the liquidity required for those buys. If XRP bulls do manage to clear out this area of sell orders, and drive the price up, we could see a nice squeeze around the .70 cent level as shorts panic to exit their positions.
Good luck, and always use a stop-loss!
Good luck, and always use a stop-loss!
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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.