The XRP indicator is in deeply oversold territory and longing for a breather of a rebound; it’s time to catch this falling knife.
Open a buy position at $XRP
Setup active:
Entry 1.1578 - 1.1806
First target 1.2168
Second target 1.2549
Stop loss 1.1231
Note: A strong downtrend on the hourly timeframe could easily invalidate the rebound and continue the sharp decline.
Never put all your money into the trade, folks. Use a position size that suits your account.
Open a buy position at $XRP
Setup active:
Entry 1.1578 - 1.1806
First target 1.2168
Second target 1.2549
Stop loss 1.1231
Note: A strong downtrend on the hourly timeframe could easily invalidate the rebound and continue the sharp decline.
Never put all your money into the trade, folks. Use a position size that suits your account.
