XRP/USD not so bad buy opportunity.

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Ripple was falling lower and lower, and its finally stopped at 94.10% Fibonacci lvl (around $0.32).
Now it has low RSI (25 atm) which indicates that its oversold.

One should be cautious and set stop-loss when buying XRP right now. We're still in bear market. And considerable bottom for XRP is around $0.18 - 0.20.

XRP2usd.jpg

In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles.

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I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.

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XRP/USD not so bad buy opportunity. | Ecency