XRP is at key price levels that could propel a price dump if support of ascending trendline is broken.
We can easily say that XRP is playing with fire right now :)
After breaking upward the falling wedge, it was straight rejected very close to the supply zone while touching the 25MA.
Price started to fall, following the inclination of the falling wedge.
At the moment XRP is sitting on the ascending trendline while struggling to jump from support.
I am currently Long on XRP but if trendline breaks, it will trigger a price dump.
Strategy is LONG is support holds, SHORT if support breaks.
Play safely
We can easily say that XRP is playing with fire right now :)
After breaking upward the falling wedge, it was straight rejected very close to the supply zone while touching the 25MA.
Price started to fall, following the inclination of the falling wedge.
At the moment XRP is sitting on the ascending trendline while struggling to jump from support.
I am currently Long on XRP but if trendline breaks, it will trigger a price dump.
Strategy is LONG is support holds, SHORT if support breaks.
Play safely
交易结束：到达止损
