I have bought 5000 XRP for long term purpose ) bought at 0.20 and holding this for years. Not sure if this will hit 5$ or 10$ but trading this looks very volatile now.
harit_shukla
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can we still apply the above analysis?
Pullback is expected to how much?
UnknownUnicorn180388
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@harit_shukla, It’s always unknown, once price pulls back and gives an indicating that it’s finding minor support then a long position can be executed.
Sorry for dum question, but anyone can explant to me what meaning of pullback , witch story when we meet pullback ?
UnknownUnicorn180388
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@valensin1992, All markets will impulse and correct, a pullback is simply when price pulls back after strong bullish / bearish price action.
If there is a strong support or resistance that has held for some time, when this level breaks a pullback usually occurs.
valensin1992
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@tomhall, Thanks you your anwer , it verry helpful for me!