Pretty self-explanatory. I see a potential reverse H&S on XRP. Could lead to a larger rally as XRP is coming from an oversold position on daily as well as still oversold on weekly.
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Watching for Stoch to be oversold on the 1hr or failing that, the 4hr- then for confirmation with MAs. Stay tuned....
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Welp, we gained 2 cents in just 10 minutes. I think we just turned the corner just after I posted this idea
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The previous entry 17 hours ago failed if you had a tight intraday stop- and now our 4hr chart is oversold, and turning over on the intraday, so this is a pretty solid buy for me right now.
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I'd put my stop at .64 and my target at .79, solid risk to reward ratio of 15:1
