One of the old guys that continues to please with its technicality #XRP🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙 💰

🗣 The asset is now between local support at $0.478 and local resistance at $0.573. The asset after the spill showed a good reaction and confirmed the presence of a big buyer with its volumes. Now we are moving sideways and making the so-called accumulation, where the big player accumulates his position

⚡️As soon I expect a small corrective movement after which we will continue to grow and will move in an upward trading channel.

🔜I plan to enter the trade from the current (0.51$-0.53$).

🛑 Stop loss will be at (0.49$)

✅First take (0.55$)

✅Second takeout (0.59$)

When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 13% of net movement

#CryptoWatchMay2024 #BTC #altcoins #MicroStrategy