30% Long Opportunity for XRP After Its Taken a Big Hit.

6 set 2020

XRP has obviously been through a lot over the last year, and the price hasn't been at levels where people would like to see it.

However, with the extreme correlation to other cryptocurrencies we have seen an even more significant drop over the last days, that really isn't justified.

This creates a great positive bias where we can identify a relatively easy 30% opportunity for XRP/USD.

Place a tight stop-loss however (probably somewhere around 22 cents) to make sure you are covered in case BTC drops hard again.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!