Xrp has been crippled by the alt coin bear market but is now showing promising signs of a reversal.
Reasons for reversal:
-weekly bullish divergence on the macd
-falling wedge breakout with a target of 45c
-hitting the measured move will break 32c and make a higher high
-old investors who were shaken out will fomo back in
This position is not recommended to be traded with leverage, but rather a 1:1 long position.
Disclaimer: this is not financial advice, please do your own research before opening a position
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Reasons for reversal:
-weekly bullish divergence on the macd
-falling wedge breakout with a target of 45c
-hitting the measured move will break 32c and make a higher high
-old investors who were shaken out will fomo back in
This position is not recommended to be traded with leverage, but rather a 1:1 long position.
Disclaimer: this is not financial advice, please do your own research before opening a position
Hey everyone! If you enjoyed this idea please like and follow, there’s many more ideas to come!
Thanks for the support :)