XRP –
Technical observation
On the daily chart above, price could not be contained below the resistance zone 0.52309-0.50209 and so it broke above it again with a big green candle, this clearly shows that the breach below the zone was false and so there is a higher chance for bullish momentum towards the resistance 0.67457 or even higher to 0.89272.My advice, wait for a correction to 0.52309-0.50209 and a rejection within it to pick long positions with your take profit at 0.67457 and stop loss slightly below 0.50209.Right now, only long positions look ideal on the daily chart above and can be recommended within 0.52309-0.50209 towards 0.67457.
Trade signal
Buy Ripple within 0.52309-0.50209 towards 0.67457.
101% Double the volume
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