$XRP
XRP drops 2.5% after 1.65 high.. trap or a golden buying opportunity? 📉
After the 1.6581 peak, the XRP coin entered a healthy correction as we see in the 4-hour chart.
🔻 A temporary break below MA7 and MA25 at 1.54 with weakness in MACD
✅ It still holds a major uptrend above MA99 at 1.42
✅ The 1.50 - 1.47 zone is strong support and a bounce is expected from it
Quick plan:
Buy: 1.50 - 1.48 (light DCA)
Target 1: 1.5383
Target 2: 1.58
Target 3: retest 1.6581
Stop loss: 4-hour close below 1.45
#xrp
#StrategyProposesDailyDividendsForPreferreds
#BitwiseFilesToListNEARETFOnNYSEArca
XRP drops 2.5% after 1.65 high.. trap or a golden buying opportunity? 📉
After the 1.6581 peak, the XRP coin entered a healthy correction as we see in the 4-hour chart.
🔻 A temporary break below MA7 and MA25 at 1.54 with weakness in MACD
✅ It still holds a major uptrend above MA99 at 1.42
✅ The 1.50 - 1.47 zone is strong support and a bounce is expected from it
Quick plan:
Buy: 1.50 - 1.48 (light DCA)
Target 1: 1.5383
Target 2: 1.58
Target 3: retest 1.6581
Stop loss: 4-hour close below 1.45
#xrp
#StrategyProposesDailyDividendsForPreferreds
#BitwiseFilesToListNEARETFOnNYSEArca
