I think XRP is a solid buy under $0.30 here. we are running into multiple structure support - the first being the bottom of a descending channel, the second being the trend-line support from the old structure before the parabolic move to $3.00... If BTC does fall to 5k, this would land XRP back at $0.22 or so, where the blue point of control line is coming in. but i think the more likely scenario is a rally back towards $0.50 to test the median of the channel. - this would be BTC rallying towards $7,500. Lets see.
Yorum:
solid trade here
