GioPonti

Buy & Hold. Target Price 0.62$

Long
Atm XRPUSD is weak. It has already been rejected by MM 200 multiple times and MACD does not show any reversal signal: still, its price action is unpredictable. Given its tendency to unleash energy suddenly, it could be a long term buy opportunity. Beware: XRP is characterized by extreme retracement. If you are looking for short term trading, it would be better to ignore this currency. You can alternatively wait for the XRP crossing MM200: a descending triangle remarks a bullish opportunity. Be patient, it will pay out.
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