Art_of_Trading

RIPPLE Key Areas - Resistance & Support

BITFINEX:XRPUSD   Ripple
As many other cryptocurrencies, Ripple did not make any significant moves last two days. It moves sideways between two key levels – 0.8302 (resistance) and 0.7326 (support). The current market creates the opportunity to trade between those areas. Moreover, there is a mini support level, which price acted before (red box). I wait for the market to get close to one of the key levels. Once the price bounces back and it is considered valid, then I open the trade.
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