#XRPUSDT #ALTS

Unlike many altcoins, Ripple managed to hit a new local low during the downtrend, fully resolved the imbalance in the sell-to-buy zone, and even reached the lower POI. This was followed by an aggressive buyback. It is showing signs of strength in the candlestick patterns as well. The indicators also point to strong bullish sentiment (at least locally).

On the 1-hour timeframe, we’ve confirmed a CISD—another positive factor.

I’m taking a long position at current levels with a minimum target—to accumulate local liquidity—and a potential final take profit at the new high.

https://www.tradingview.com/x/XLeu1fGd/