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XRP traders can buy at this range with stop-loss below $0.36
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.In the past few days, Bitcoin was able to defend the $20.8k support level and rapidly climbed from those lows to trade at $23.8k at press time.The $20k area was seen as crucial support, and even though bears threatened to push it lower, they were unable to.
This in turn enabled XRP to see a bullish period over the past couple of weeks.It traded right beneath a resistance level at the time of writing, but there was evidence of steady demand in recent weeks behind XRP.Source: XRP/USDT on TradingViewThe higher timeframe picture was heavily bearish for XRP.
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