XRP finding some buyers down there around the 20day and .61 retracement and seems like XRP being able to hold that level. I want to see price above the 20 day moving average for swing longs. This shakeout has thrown many people out of their positions today just to watch price going back above there close levels. not a bad situation for higher prices i.m.o. I picked up some down here and lets see if it can go for new move highs
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my stop in XRP is basically reached. I didnt expect such a weak price action to be honest. I dont want to get shaken out on intraday peaks or bull traps so im watching it closely. If XRP doesnt improve its price action here very soon, that is today or tomorrow I am gonna close this trade
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XRP showing a first life sign today. glad I didnt close the trade so im back in the game. Stop now below todays low.
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i added little XRP today 5600 to be now on a 75% position. my average cost is about 5600, it was not quite a good entry but im also not stopped out which would be worse. still chance to get back 7k+
Trade closed manually:
closed around 5000