Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
XRPUSDT is looking bullish and currently retesting the support zone of 41c. Earlier last year, we saw a similar situation play out - range trading underneath the support, then a sudden increase above this support followed by a parabolic rally of +300%. HOWEVER, before going parabolic, a double top occurred in the 3D timeframe and XRP holders got shaken out UNDER the support. This might be an excellent buying opportunity, if the price wicks under the support line again.
While you're here! This is my view on BTC : Bitcoin has been extremely volatile lately, jumping from 18K to 20K and back again in only a day. This is where lots of positions get shaken out and I would be EXTREMELY cautious to trade leverage now.
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