XRP accumulation zone

in #cryptocurrency6 years ago (edited)

Hey guys. First post of this account. Will be doing more charts in the future.

Today, we'll be looking at XRP/BTC chart. We can see that blue box which is the major support and accumulation zone for XRP.

XRP 7-13-2018.png

Red lines indicate resistance. Now till R1, we have a 23% gain. After that, R2 is a 97% gain from here on.
Thus, it is not a bad idea to go long here on XRP.

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