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Xrp long idea

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BITSTAMP:XRPUSD   Ripple
On the monthly timeframe xrp is the only one of the crypto majors that spiked through 2017 lows before the bull run. Every since that deviation it has been printing higher highs, it makes sense to keep with the trend unless structure is broken. Agressive move down to start the week off, a long trade is on the radar. Catching a long now in the marked areas would mean the entry would be below the weekly open = entry on the wick. I will post an entry should it present itself. Still short for the first few days

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