XRP – Potential 154% gains

This is one for the HODLers

BUY: 0.7793 – 0.8439

TARGETS:
1) 1.2163
2) 1.3966
3) 1.6196
4) 1.9802

STOP: When a 4h candle closes below 0.6504

Rationale:
-Price is consolidating under a diagonal trendline, in an area between 0.618 and 0.786 fib retracement of the larger move.
-RSI is increasing
-The broader market is showing signs of strength, so a break to the upside is more likely.
-Stop should be placed below the prior swing low, and should only be triggered once a 4h candle has closed below this level.


Your risk, your reward. This is not financial advice.
Happy trading.