Critical area for XRP bulls. If the Monthly 20EMA holds (overlayed on this 4H chart) we could see price retrace to the high 2.20s/low 2.30s to test the resistance at the Monthly 10EMA. Needless to say that the RSI is oversold on multiple time frames but with the algorithm set to "sell off" the RSI has become useless for now. As always, on a play like this, tight SL and sniper entries.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.