XRP/BTC: Bullish
At some point later December I was long in the green box (support area) with a target in the purple box (resistance area)
I think the same long would be valid again here, as XRP is the standard and the support zone in the green box is actually holding higher than previous, so bids staggered for lower in the green box for a long. I am playing a long from here with a target in the purple box, higher time frames on XRP are looking bullish as well.
This is the daily chart and as you can see from the wicks there has been some gnarly volatility, which is why I have some lower bids trying to average a lower entry for my long position in the green box.
Has been moving somewhat inverse to BTC/USD so that is something to watch and pay attention to as well.
I think the same long would be valid again here, as XRP is the standard and the support zone in the green box is actually holding higher than previous, so bids staggered for lower in the green box for a long. I am playing a long from here with a target in the purple box, higher time frames on XRP are looking bullish as well.
This is the daily chart and as you can see from the wicks there has been some gnarly volatility, which is why I have some lower bids trying to average a lower entry for my long position in the green box.
Has been moving somewhat inverse to BTC/USD so that is something to watch and pay attention to as well.
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