XRP –
Technical observation
On the daily chart above, Ripple broke above a resistance zone 0.52039-0.50209 with a big green candle but price could not be contained above it and so it broke below the zone and is currently rallying down. I expect a correction of price to the just broken zone followed by a rejection of it within it for possible bearish momentum towards the key line 0.34661 and a possible breakout below it too. Wait for the correction to the zone then short this crypto on the second pullback to it just to ensure this was not a false breakout. Should price rise above the above mentioned zone, pick long positions within it towards 0.67457.
Trade signal
Wait for a pullback to 0.52039-0.50209 to trade Ripple.
101% Double the volume
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