MarkStPeter

XRPUSD - Going DOWN! HEAD & SHOULDER PATTERN - RSI Bearish

Hello Traders, XRP looks to be giving signals of going down. A correction is needed before hitting highs. The Head and shoulder pattern has formed on the 4-hour. I would expect it to go back down to the .45 cent/ .50 cent range, which is where I will be looking to level my buy-ins as the price moves down until bottoming out. This is a good thing though because it will set us up for a very strong new year and early spring.

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