The BITFINEX:XRPUSD market did not make much move in the recent hours. The price formed two trendlines. They are considered as dynamic support and resistance. If the price touched those lines multiple times already. However, the breakout is expected sooner or later and that’s where I am going to enter. I will await the valid breakout; once it confirmed I will place my position. - Follow & Comment -
@roeer, currently, the market moves sideways and will be risky to take a position at this moment. The best approach here is to wait the valid trendline breakout