XRP trading range

XRP is forming a nice trading range providing plenty of opportunities for intraday trades.

Price has just tapped a key area and how it reacts here will set the tone for the coming days.

If price can close and hold above the grey box then expect it to move up to the top of the range.

If price closes below the grey box and is unable to break through again, expect a move down to the bottom of the range.

Pay close attention to the candles and be sure to give the trade time to play out.

Happy trading.