XRP - What is behind moves of XRP and where could we head next?
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Don't be fooled by small bullish spike on XRPUSD, which happened this week. Small jump of +10% doesn't have to mean
we are on the bottom of MegaBearish trend, which is happening in the crypto market right now.
In this idea i wanted to share some technicals analysis and what was behind the moves of XRP in past weeks/months.
In my eyes, bearish trend is not over yet and this "huge" spike meant almost nothing here (as you can see on analysis).
We could head to 0.20 easily on XRP. Don't forget we are still in huge bearish trend.
Hope you like this analysis, I want to post more of this for educational purposes and ofcourse for informating you what I think pairs/cryptos
will do next.
Thank you for support everyone. Have a great week ahead!
we are on the bottom of MegaBearish trend, which is happening in the crypto market right now.
In this idea i wanted to share some technicals analysis and what was behind the moves of XRP in past weeks/months.
In my eyes, bearish trend is not over yet and this "huge" spike meant almost nothing here (as you can see on analysis).
We could head to 0.20 easily on XRP. Don't forget we are still in huge bearish trend.
Hope you like this analysis, I want to post more of this for educational purposes and ofcourse for informating you what I think pairs/cryptos
will do next.
Thank you for support everyone. Have a great week ahead!
Nota
Wow guys. Wasn't expecting that much Views on this idea. Thanks for Support everyone.Nota
XRP holding and tightening between trendlines.Nota
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