How to trade XRP in this madness
XRP / USDT
horrible dump in 1st February in xrp after great comeback ..but this dump didnt surprise me
People forget rule number 1 in crypto :
Buy the rumors sell the news
Thats exactly what happened massive dump after news and also that's not the first one for XRP 😏
I advice newbies in this field never enter any pump event the chance for lose is very high
In previous analysis i expected 2 scenario for xrp :
Looks like we in scenario 2 now and price returned to channel again
Now look at chart..
green area + middle line of channel are previous resistances turned support now
if price lost this support it will dump to strong lower trendline of the channel (white)
(here is best area for buy in current situation)
and stoploss will be daily candel closure below if it reached here
Good luck 🍀
horrible dump in 1st February in xrp after great comeback ..but this dump didnt surprise me
People forget rule number 1 in crypto :
Buy the rumors sell the news
Thats exactly what happened massive dump after news and also that's not the first one for XRP 😏
I advice newbies in this field never enter any pump event the chance for lose is very high
In previous analysis i expected 2 scenario for xrp :
Looks like we in scenario 2 now and price returned to channel again
Now look at chart..
green area + middle line of channel are previous resistances turned support now
if price lost this support it will dump to strong lower trendline of the channel (white)
(here is best area for buy in current situation)
and stoploss will be daily candel closure below if it reached here
Good luck 🍀
Komen:
Previous analysis of XRP :
