At the very beginning, I would like to point out that we are in a key place for the XRP price. We have trouble breaking through the strong trendline that has been leading us downwards from November 10, 2021.
However, we all want to bullrun to the top by now, so I made a probable upside scenario. At this point, I refer to my yesterday's downward forecast, which is more realistic for me. The RSI level is at a high level, which in the short term indicates declines. Tomorrow at 1 am we will find out how the 4H candle will close after testing the resistance line. (If in green it is very optimistic)
Safe long entry will be possible after testing the trend line or during a correction after breaking it. In this case, STOP LOSS set to $ 0.65 will be the best place. At the moment, the entry is very risky. Shopping for SPOT is definitely worth stuffing your wallet, I've already done it.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.