XRP has been seeing great price action over the last 2 weeks or so. However, XRP is going up whilst BTC is going down, which puts it at risk of being dragged downwards by Bitcoin.
This trade is based on the idea that Bitcoin will continue to trad bearish, and XRP will eventually follow.
To further strengthen our bearish bias, XRP is both reversing from a historically strong area of resistance and the daily RSI is overbought.
A defensive trader can take partial profits and/or move the stop at 0.44 and 0.4
This trade is based on the idea that Bitcoin will continue to trad bearish, and XRP will eventually follow.
To further strengthen our bearish bias, XRP is both reversing from a historically strong area of resistance and the daily RSI is overbought.
A defensive trader can take partial profits and/or move the stop at 0.44 and 0.4
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šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.