XRP/USDT – Potential Short Scenario
XRP / U.S. dollar BITSTAMP:XRPUSD
Hello Traders!
The price of XRP continues to move in a downtrend, completing the phase.
Buyers’ interest area is in the $0.147 – $0.250 price range.
It is better to wait for the movement’s culmination. A decrease in price in the area of interest of buyers will give an opportunity to accumulate the asset at comfortable prices.
It’s better to start accumulation closer to the support level of $0.147, in the range of $0.147 – $0.200.
The targets of profit-taking will be the levels of $0.42 and $0.60
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
