While XRP prepares for recovery, are long bets ideal at this time

Buying resilience at the $0.72-support has rewarded XRP over the past day. After traversing past a bearish down-channel setup, the alt was well-positioned to challenge its Point of Control (POC, red). Any potential breaks above the POC would open a route toward the 38.2% Fibonacci resistance, provided buying pressure does not wobble at important price […]