XRP / TetherUS

XRP/USDT (Testing Key 0.5 Fib Level)

4090
💎Technical Analysis Summary💎


BINANCE: XRPUSDT

-XRP is trading between 0.5 Fib level, where the Bulls and Bears are fighting
-This is a no-trade zone because we can not determine our short term bias
-I recommend waiting for proper breakout direction to have a proper risk to reward ratio
-Please do not force a trade if it is not part of your trading system
-Waiting for a better market structure will always increase your accuracy
-Keeping it simple, if XRP can hold above 0.5 Fib, bias will turn to Bullish
-But a failure below 0.5 Fib will increase the Bearish potential to retest the 0.5$ or lower





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