XRPUSD UPDATE
took a loss on the initial long but made it back with the limit orders had at 0.45 as mentioned in my previous post.
I’m not the biggest fan of this rally but the reaction off the 0.45 area is very telling.
Lows were swept and stops taken.
I would prefer to see price come back down towards 0.48 or a bit lower before considering another long, but I believe the low might be in for now. That being said 0.60 will also be a crucial level for XRP to take and maintain. If I was still long my to would be at 0.60 conservatively.
The market is due a correction but XRP saw a lower dip compared to BTC and could pump to a $1 very quickly.
Let’s see how it plays out.
I’m not the biggest fan of this rally but the reaction off the 0.45 area is very telling.
Lows were swept and stops taken.
I would prefer to see price come back down towards 0.48 or a bit lower before considering another long, but I believe the low might be in for now. That being said 0.60 will also be a crucial level for XRP to take and maintain. If I was still long my to would be at 0.60 conservatively.
The market is due a correction but XRP saw a lower dip compared to BTC and could pump to a $1 very quickly.
Let’s see how it plays out.
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