XRPUSD - LONG
MONTHLY LEVELS AND TREND LINE TRIPLE TOUCH now complete.
Until today, the trend line had never been retested for the third time. My technical analysis and fundamental bias lead me to believe that XRP is headed to make substantial new highs during the month of May. The monthly candle closure is imperative in the next 7 hours, as we are looking to stay above the .32 area. It is hard to say where the upside of this may be, but I know where my stop losses are located for margin trading.
THIS IS NOT FINANCIAL ADVICE! ONLY MY OPINION.
Until today, the trend line had never been retested for the third time. My technical analysis and fundamental bias lead me to believe that XRP is headed to make substantial new highs during the month of May. The monthly candle closure is imperative in the next 7 hours, as we are looking to stay above the .32 area. It is hard to say where the upside of this may be, but I know where my stop losses are located for margin trading.
THIS IS NOT FINANCIAL ADVICE! ONLY MY OPINION.
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