$XRP is $1.41, RSI 26.7 - deeply oversold after Thursday's flush to $1.32. Spot ETF money is back ($8M into Franklin's XRPZ on Oct 8).
Long the bounce. Buy 1.36-1.40, T1 1.47, T2 1.53, out on a daily close under 1.33. If 1.33 breaks, it was a breakdown, not a bounce.
Risk: below the EMA20, selloff was broad. Play the bounce or wait for a close above 1.46? Pick one.
Not financial advice. DYOR.
Long the bounce. Buy 1.36-1.40, T1 1.47, T2 1.53, out on a daily close under 1.33. If 1.33 breaks, it was a breakdown, not a bounce.
Risk: below the EMA20, selloff was broad. Play the bounce or wait for a close above 1.46? Pick one.
Not financial advice. DYOR.