FrenchRandomGuy

XRP possible range to trade

FrenchRandomGuy Mis à jour   
BINANCE:XRPBTC   XRP / Bitcoin
XRP found a temporary bottom here. The upward rally is not really impressive. I am watching both price at the bottom and at 0.00004 BTC to see if there would be a possible range to trade.
Watch RSI closely as it gets rejected at 75 really often. 

Important Prices to watch:
  • 0.00004 BTC (daily close)
  • 0.000024 BTC
Commentaire:
Of all the top MarketCap Altcoins, XRP has been the one moving the less. Despite my recent analysis, it seems to be uncorrelated to pattern trading.
That is why I am trying to give you deeper analysis in shortest time frames. H4 Chart show a possible rally to 0.000034 and 0.000035 levels.

I would not personally enter in this trade, but if you are holding a long from the green box, you should keep it and wait for better days with a tight stop-loss.

Trade fermée manuellement:
Volatility to low to trade the range

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