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Bullish XRP Has Fantastic Opportunity After Small Retracement

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XRP is clearly bullish over the last week. The uptrend is likely to continue as all cryptocoins are rising and rising.

However, the difficult part is always to determine a great entry position as you shouldn't want to buy too high.

The simple "buy low, sell high" concept is deceivingly difficult.

In this trade set-up I show that in an upwards trending parallel channel, a retracement to the support line can be a great place to buy.

This might be the lowest you can enter still in an uptrend, and I expect that the price will increase again to around 0.205.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

Dagangan ditutup: sasaran tercapai
Wow! What a trade!

syot kilat

Congrats everyone who participated.

Penafian

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