$XRP BOUNCE OFF SUPPORT, BUT WILL IT BE ENOUGH FOR A REAL RISE? OR IS IT A SIMPLY BOUNCE? 👀🚀
We notice the bounce off the support, and is it strong enough? Short answer: yes.
Let me tell you, this currency shows constant strength, and it's obvious its rise is almost inevitable, but that doesn't make it immune to market declines, so we have to be cautious, especially considering the recent declines that have occurred throughout this month.
Now, there are two things in favor of knowing that it has enough strength to rise in the short to medium term. 1. At 6 a.m. (market time), the coin was at a low peak of 3.10. This isn't surprising, as many coins experienced these corrections, like $SEI or $PEPE , some more aggressive than others, but corrections at the end of the day.
And the second thing is that the volume is increasing and continues to rise, which tells us the growth is being monitored well.
So, here are the entries.
ENTRY:
3.20 (NOT RECOMENDABLE BUT STILL A GOOD ENTRY)
3.15 (MAYBE WILL COME A CORRECTION)
3.18 (THE MOST POSIBLE PRICE CORRECTION)
OBJECTIVES:
3.30 - 3.35 (SHORT - MEDIUM TERM)
3.50 - 3.66 (MEDIUM - LONG TERM)
STOP LOSS:
BELOW 3.09