TiborVrbovsky

XRP/USDT in a Bull Flag!

做多
BINANCE:XRPUSDT   XRP / TetherUS
Hey, I am back with another Crypto Ideas, the other one I did went very great so hopefully this one will also be on point, eg.


But now about XRP.

So the price has formed a bullish formation, which is called a Bull flag and this is a Bullish continuation pattern, which means that this is a Uptrend continuation signal.

You can also buy XLM, as this cryptocurrency is heavily correlating with XRP and many times outperforms it.

What to do?

Buy in the Bull flag and set your Sell slightly below $0.34 for a solid 15% profit.

Technicals


RSI on 4H has found resistance as same level, which happens often and is considered as resistance test after which the RSI is looking for support, but! The price has found support at a very reasonable support level, and after the RSI spikes above 60, buying volume will come!
That's all for me, if you have any questions, feel free to DM me.
Tibor




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