Plan to buy XRP? Here’s why it could be a ‘great timing’
Short-term price action is hard to predict in the cryptocurrency market due to its high volatility in a fast-changing environment. However, technical Analysis indicators can help crypto traders make decisions in their daily operations, although these indicators must not be considered in isolation while investing. On October 12, the trader Alan Santana posted an XRP Ledger (XRP) Analysis on TradingView, suggesting it could be a good “entry timing” in the digital asset. XRP was trading at $0.48362 by that time, with a suggested “low” hit at $0.47399. “Maybe an entry now can later be called “great timing”, it seems that a low has been hit.” — Alan Santana XRP/USD price chart analysis. Source: TradingView (Alan Santana) Notably, following updates and new analyses by Santana also helped to validate its first perception of “ great timing” for a short-term entry on XRP. According to the trader, this bullish bias is still valid as long as some chart conditions are kept. ...