CoinsightGhost

Ripple (XRP) primed for a bounce???

Long
BINANCE:XRPBTC   XRP / Bitcoin
Ripple (XRP) sure looks primed for a move. Looks like it could be a sextuple bottom at this .00004 level. The two red arrow areas look very similar as well in their chart setups from the last bounce. I could definitely see a nice move coming. If it falls below .000039 that would be bad and I wouldn't mess with it because there isn't really much support below, but its at a very logical place right now for a bounce.
Disclaimer

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.