XRP 5.3R Long

There is a very clear resistance level that has seen multiple attempts to break through now.

I see there being a good chance the market is about to break through but I don’t see any strong moves happening until tomorrow as the stock markets are closed today.

This could mean we see a relatively weak break above and then retest before pushing higher. So another good trading opportunity could be to wait for a break and retest of this zone.

I say 40% chance this trade is successful.

There is a fair chance the market backfills the imbalance lower down first and this would be another opportunity to enter.