XRP is finding good resistance around the 0.51 USD level, the candle start to collide with the bottom bowlinger band, indicating a slightly oversold situation right now.
I just enter a long position at 0.517 with a sell target at 0.6125 USD which would offer a nice 18.5 % return in the next coming days. This is a short-term trade opportunity.
STOP-LOSS set at 0.46 USD in case we enter a real bear market for XRP.
Tell me what you think of this setup.