XRP ANALYSIS: BUY UNDER $.20!
XRP ANALYSIS:
XRP has broken below 200MA and was rejected upon an attempt towards it. This is a clear sign 200MA is now the major resistance band. With that being said, XRP is inching upon the support zone where we have previously seen a major increase in buy volume and bulls step in to play. Any dip below .20 should be bought up quickly. I recommend to stagger bids just below .20 inside the buy zone of .1820-.2000. There will be another attempt at the new resistance line. Given that, the take profit targets are listed as T1 at .2216, T2 at .2320, and T3 at .2425. This would allow XRP so attempt the 200MA again in which we can see if bulls are able to break it!
Possible Entries: .1820-.2000
XRP has broken below 200MA and was rejected upon an attempt towards it. This is a clear sign 200MA is now the major resistance band. With that being said, XRP is inching upon the support zone where we have previously seen a major increase in buy volume and bulls step in to play. Any dip below .20 should be bought up quickly. I recommend to stagger bids just below .20 inside the buy zone of .1820-.2000. There will be another attempt at the new resistance line. Given that, the take profit targets are listed as T1 at .2216, T2 at .2320, and T3 at .2425. This would allow XRP so attempt the 200MA again in which we can see if bulls are able to break it!
Possible Entries: .1820-.2000
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