XRP Dollar Cost Average Strategy (Update)Here's an update on the analysis which I posted back at the end of March. Just as I expected XRP prices dumped below the liquidity trendline!
I am still bearish on XRP for the time being & we can see a clear trendline liquidity building up 7 being ready to get taken out. That is when I will look to load up buy positions.
However, if this scenario don't work out, my orange zones is where I will look to Dollar Cost Average into buy positions. After a break above each orange zone, I will open a new position and buy XRP.