$XRP

$XRP


Reversal Strategy on the Weekly Frame

The reversal on the weekly frame is between $2.20 – $2.24. If the reversal point is breached with a retest on the weekly frame, it is considered a positive signal.

So far, the reversal point has not been clearly breached, so weekly frame traders have not entered the trade yet and are waiting for the pattern to form.

Accordingly, on the weekly frame, the trade is considered inactive for now.

If the strategy is activated:

Entry Area: $2.25

Targets:

$2.60

$3.00

$3.40

Therefore, we are monitoring the trade on the weekly frame, and it has not been activated yet.