📉 XRP is hitting some turbulence.
🚨 The trend line has been broken, and it's shouting 'SHORT' right now. 📉
💥 The next support we're eyeing is at 0.48237. But don't think it's going to be a smooth ride.
💨 Momentum has been disrupted, and the market needs a small bleed. Macd? Yeah, it's showing negative signs too.
📊 The 1-hour chart volume? Pretty low. 📉
📅...
The only thing you need to remember is that in trading, incurring losses is quite common, even if you are correct in your analysis
Previously, the market had gone against us, and, considering the present market conditions, I conducted my analysis, made my entry, and secured my profits.
looking at both technical and fundamental aspects of XRP, it's almost time.
Buying spot XRP.
BUY LIMIT @ 0.55000
TAKE PROFIT @ 3.30000
STOP LOSS :
( RISKY @ 0.40530)
( MEDIUM RISK @ 0.28700)
( SAFE RISK @ 0.00000 )
XRP have been consolidating in this range from a long time and looking at both technical and fundamental aspects of XRP, it's almost time.
Buying spot XRP splits.
at rejection of trendline
and at breakout red range I have marked
will see if it taps the red trendline again too. I'll add bigger position on rejection of that area
buy area is green book is prefect area
yellow box is for book profit or invested amount
red box is for exit according to my TA based on price action
before exiting keep on eye on market sentiments
DATES may go up & down to reach targets
BUT
targets r perfect triggering points
only for long term holders
if u want daily trading setup
let me know
consider the facts of the potential a small investment could do im aware of the potential harmonic confirming bullish formation.Just a good point to consider..
XRP Bulls active if stay above 0.48 for Target of 0.60/0.65/0.70
Bears active below 0.48 for 0.45/0.42
we can see 4th wave triangle is completed near 0.48
5th wave is unfolding as showing in chart.
